While primary coverage will be essential to help keep your home, cars, and watercraft safe, they may occasionally get exhausted, leaving you with out-of-pocket expenses. Umbrella insurance can help remedy such a challenge, providing residents within Wisconsin with extra liability coverage. Below, Ziegelbauer Insurance explains areas that umbrella insurance can help with.
Bodily Injury Liability
If you cause 3rd party injuries and your underlying cover cannot pay the medical bills, umbrella insurance will reimburse you for the costs. Examples of accidents that this coverage can help take care of include auto accidents, pet bites, trips, and falls in the home. It will cater to ambulance costs, consultation fees, and X-ray costs. Umbrella coverage will help cover your legal expenses and damages if you are also sued for injury costs.
General Liability Claims
If you are sued for claims such as slander and libel and want to avoid the additional costs that these incur, umbrella insurance will be your go-to. It can also protect you when you get liability claims related to malicious prosecution, false arrest, and mental anguish. It also helps you cover your legal fees and damage costs awarded during court trials.
Property Damage Liability
Property damage liability takes care of 3rd party damage costs. These could be damages to vehicles, buildings, and personal accessories when you are found at fault for an accident or when guests visit your home. If your primary cover cannot pay for the repair costs, umbrella insurance covers these expenses and replacement costs where needed.
Rental Unit Liability
Landlords can also benefit from umbrella insurance, which protects you from liability claims you incur on your property. If someone gets injured due to faulty structures or pet bites, umbrella insurance will help cover the medical costs. If you need help signing up for any of the above covers, contact Ziegelbauer Insurance today. Our Wisconsin agents can help advise on ideal covers for your lifestyle needs.