Insurance Marketplace, Inc Blog
Availability of various insurance policies to protect you, your assets, and many other things is helpful. But even with numerous insurance plans, some expenses may still be too much to be covered by regular insurance policies. Umbrella insurance aids in reducing the cost of those extra expenses that exceed your current coverage.
Excess insurance coverage, or additional coverage, is what umbrella insurance offers on top of the general liability coverage already included in your vehicle, property, and other insurance policies. It's used when healthcare expenses or repairs cost more than your standard coverage.
This article will discuss some reasons to have umbrella insurance and its benefits.
There are a lot of policies available in the market, but having a backup plan is better than having none. Only some circumstances may be covered even when availing of many insurance plans. With umbrella coverage, you can rest assured that the likelihood and the cost of you being sued are reduced, especially in unexpected situations that are usually not covered by standard insurance policies.
At Insurance Marketplace Inc., we put our clients first by offering them policies that they can afford. Having insurance is a necessity nowadays and we're here to help you out. Learn more about our products and services by calling our agency at (541) 779-0177. You can also request a free quote by CLICKING HERE. Topics and coverage discussed in this article are not guaranteed, consult with your agents to determine what your policy does and does not cover. We are more than happy to help!
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