You have home insurance, auto insurance, health insurance, and life insurance. Do you really need more insurance? The insurance coverage that you have is a strategic plan put in place by you and your provider to protect you, your family, and your assets. As your financial situation becomes more complex, your net worth continues to increase. At this point, it is time to start considering umbrella insurance from Steiner Insurance Group to provide additional coverage on top of your other insurance policies.
Who Needs Umbrella Insurance?
Umbrella insurance is optional and not required by law, but is often purchased by people with considerable assets to protect or at a high risk of being sued. There are several situations where you may consider this type of insurance to protect you in Nashville, NC.
It is important to protect your assets as they grow. The cost of umbrella insurance is minimal when you have significant assets or savings that you need to protect.
If you have things on your property that could lead to the injury of visitors, you may want more coverage. This could be anything from a pool or trampoline to an ATV or an aggressive dog.
When you are responsible for other people, you are at a greater risk of legal action being taken against you. If you are a landlord, serve on the board of a nonprofit, or coach kids, then you are in a vulnerable position. With the right umbrella coverage in place, you will be protected against any major expenses that you may incur due to your profession.
Once you have determined that you fall into the category of someone in Nashville, NC that requires protection from additional insurance coverage, the next step is to determine how much coverage you need. The trusted agents at Steiner Insurance Group are here to help. Give us a call.