For some, traditional insurance policies aren’t adequate in terms of coverage and protection, depending on which assets are covered within the policy itself. If you’re a homeowner or you invest in commercial real estate, you may be considering the option of an umbrella insurance policy for added protection to your investments. If you’re unsure of where to begin, and you’re living or working in Milford, CT, White Oak Insurance LLC is here to help.
How Umbrella Insurance Protects Your Investments
With the right umbrella insurance policy, which extends traditional policies with added liability protection, you can take advantage of:
- Auto-related lawsuit protection: If you own a commercial vehicle fleet, umbrella insurance can help fill in the gaps in coverage necessary after a serious accident. Umbrella insurance can also protect future earnings, savings, and existing investments.
- Extended liability protection: With some insurance policies, you may not have the coverage and protection you think you have until it’s too late. Umbrella insurance solutions act as a blanket shield, which helps preserve and protect your existing financial foundation.
- Personal injury: When you experience a potential lawsuit or wrongful eviction, umbrella insurance may protect you. Most often, personal injury claims and large lawsuits are not covered by traditional commercial or homeowners insurance policies in Connecticut.
Determining if umbrella insurance is right for you can be challenging if you’re unfamiliar with umbrella insurance or the process of selecting new policies as an individual, for your family, or even for your business entity. If you’re located in Milford, CT, we’ll work with you to research, compare, and select umbrella policies that align with your protection needs and budget. To learn more about how umbrella insurance adds protection to your residential and commercial investments, contact White Oak Insurance LLC today.
