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Umbrella Insurance

Auto and homeowners insurance policies are designed to shield us from potential liability in the wake of accidents. Unfortunately, certain accidents are worse than others, and your existing policies may fail to cover your upcoming payouts. You can protect yourself from that potential predicament by purchasing umbrella insurance. We offer umbrella insurance here at Premium Brokerage Services Inc., so don't hesitate to reach out if you're interested in a policy.

How Does Umbrella Insurance Protect Your Financial Interests?

We first need to discuss other insurance policies to understand why umbrella insurance can be a useful investment. Generally speaking, basic auto and homeowners insurance policies are designed to protect policyholders if accidents occur. Specifically, those policies offer financial assistance if you are deemed responsible for an accident that caused injuries or property damage. You don't have to pay for damages because of your existing policies.

However, your insurance policies may not cover all the losses sustained by the accident victims. Once the losses exceed your policy limits, you may be forced to cover the remainder of the payouts using your money.

Umbrella insurance steps in to save you from that predicament. It will take effect once the limits of your base policies are met. Thanks to that additional protection, you may not have to pay anything out of pocket. It's an extra safety blanket that offers more protection against financial ruin.

What Are the Additional Protections Granted by Umbrella Insurance?

Aside from stepping in once your coverage limits are exhausted, umbrella insurance can help a policyholder by rounding out their protection. These policies typically cover cases of libel, slander, invasion of privacy, and false arrest.

You may benefit more from umbrella insurance based on your line of work. Consult your colleagues and insurers to determine if umbrella insurance can provide the additional protection you need.

Reduce the impact accidents can have on your finances by purchasing umbrella insurance. Partner with us at Premium Brokerage Services Inc., and we can prepare that policy for you. Visit our office in New York, and let's hammer out the terms of your new umbrella policy!

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Partner Carriers

  • Union Mutual Ins co
  • Amtrust
  • AonEdge
  • Associated Mutual
  • Blackboard Ins
  • Granada Ins co
  • Guard
  • Kingstone ins co
  • Lancer Ins so.
  • Lemonade ins
  • Liberty Mutual
  • Nationwide Ins co
  • Neptune
  • Progressive Ins co
  • The Hartford
  • Travelers
  • Union Mutual Ins co
  • Amtrust
  • AonEdge
  • Associated Mutual
  • Blackboard Ins
  • Granada Ins co
  • Guard
  • Kingstone ins co
  • Lancer Ins so.
  • Lemonade ins
  • Liberty Mutual
  • Nationwide Ins co
  • Neptune
  • Progressive Ins co
  • The Hartford
  • Travelers