Peninsula Underwriters Insurance Agency has helped many Gainesville, FL businesses find high-quality insurance that makes sense for their needs. For example, umbrella policies are a great way to keep your company safe and are more than worth considering, no matter what business you operate.
What is Umbrella Insurance?
Umbrella insurance is a unique extra liability protection that covers you after your other policy maxes out. It’s a common type of protection that many businesses and homeowners buy. High-quality umbrella insurance will protect you in a variety of ways. Typically, liability protection works in a fairly simple way and includes a myriad of steps that make it more effective, including:
- You Get Sued/Need Protection: Your typical liability policy will kick in at this point and cover up to its payment limits. If your issue is fully managed, your umbrella insurance won’t kick into play.
- Your Limit is Exceeded: What happens when your liability protection maxes out? Well, you’ll either have to pay out of your pocket or get your umbrella insurance policy to help you out here.
- Umbrella Insurance Pays for Problems: At this point, your umbrella insurance policy will kick into play and pay for your liability coverage. It has a very high limit, so you should be safe.
- Extra Protection for Other Issues: If you run into other issues, your umbrella policy should protect you with high-quality payouts that meet your specific situation’s unique needs.
We’re Here for You
With the help of our team at Peninsula Underwriters Insurance Agency, you can get the umbrella insurance that your Gainesville, FL business needs. Contact us to let us know what kind of operation you run, and we’ll do whatever we can to ensure that you get the great support that makes sense for you.
