If you are like most New Jersey residents, you have several insurance policies, including home and auto insurance. Umbrella insurance offers additional protection in case you are hit with a liability exceeding your existing insurance protection. The policy covers any overflow from your existing liability coverage. At J.C. Leap Agency Inc., we offer unbeatable umbrella insurance coverage in the garden state. We are a reputable insurance provider that has been helping residents of the state safeguard themselves, their loved ones, and their assets from unpredictable calamities for years.
Having umbrella insurance can be helpful in situations such as;
When you cause a severe auto or boating accident: Although the garden state is a no-fault state when it comes to auto or boat accident liability, the victims can still sue you for compensation if their injuries or losses exceed their policy limits. Such accidents often result in injuries and property damage, which can quickly add up to massive liability. Umbrella insurance will help you cover any liability from your auto or boat accident that comes your way.
When your pet hurts someone: Pets like dogs and horses can easily hurt people passing by your home or visitors. In the garden state, pet owners are responsible for their pet’s actions. This liability is usually covered under homeowners insurance. Suppose the cost of the resulting pain and suffering, lost wages, medical bills, anguish, and disfigurement is more than your homeowners' insurance policy limit. In that case, your umbrella will cover the remaining liability.
When your clients sue you: Almost all businesses aspire to have satisfied clients. Unfortunately, sometimes the products or services you offer can cause harm to your clients. When this happens, you want to do right by your client and compensate them. Umbrella insurance will help compensate your client if your business insurance runs out.
J.C. Leap Agency Inc. is here to help. Contact us to find out more about umbrella insurance.
