Do I Need Umbrella Insurance?

You hear about the need for life insurance and health insurance and homeowners insurance, and you probably understand the relevance of these policies. However, another type of insurance exists that could be just as important, and it’s known as umbrella insurance. Hudson Valley Insurance Brokerage, Inc., serving Stony Point, NY and the surrounding areas, offers umbrella insurance, and you might be surprised to know the importance it has for you, especially based on your lifestyle.  

Occupation 

Certain occupations are more likely to experience injuries on the job, and although some aspects of a job are covered through your employer’s coverage, you could still be at risk. For instance, if you’re a driver and happen to get into an accident that’s your fault, you could experience a lawsuit or owe money that exceeds the amount of your coverage. 

Your Pets

Your pet might adore you and never think of harming you, but if your pet would happen to bite or injure someone else, you could experience a lawsuit that exceeds the limits of your homeowners or renters policy. An umbrella insurance policy covers you if your pet should happen to bite someone. 

Your Hobbies

Think about the type of activities you participate in. If you have a motorcycle, go quad riding, or even boating, you’re more likely to get into an accident, making you more susceptible to having an accident that could cause bodily harm or property damage.

Own a Pool or Trampoline

If you own a pool, outdoor spa, or trampoline, it’s enticing to children. If one of them should happen to come on your property and get hurt, you could find yourself experiencing quite a large lawsuit that could exceed what your standard policy covers. 

Contact Hudson Valley Insurance Brokerage, Inc., serving Stony Point, NY and the surrounding areas, for a quote on an umbrella policy today by calling or visiting our offices.