How Can Illinois Umbrella Insurance Cover You During a Lawsuit?

Coverage for lawsuits and liabilities is the exact reason that umbrella insurance exists. Unfortunately, the world we live in is now a world of liabilities. A slip and fall can derail your financial future, if you don’t have umbrella insurance.

At Green Family Insurance Inc., we want to make sure that Illinois residents are protected from these problems in life. We can help you to design the umbrella insurance policy you need to feel secure against every legal threat.

What Does Umbrella Insurance Cover?

Umbrella insurance covers you for liabilities that occur for which you are responsible and did not intentionally cause. This insurance can provide protection when home or auto insurance liability coverages are capped out.

An umbrella insurance policy can also provide protection against libel, slander, defamation, and false arrests or imprisonment. If these problems happened and someone else is responsible for that damage, you can file suit against them to recoup your financial losses and suffering.

Umbrella insurance is always liability insurance. It will protect you when you are being held liable for a problem.

What Lawsuits Does Umbrella Insurance Provide Protection From?

Umbrella insurance provides protection against certain lawsuits on their own, and when your home, auto, or renters’ insurance doesn’t cover your damages.

The kinds of lawsuits that umbrella insurance covers include:

• Slander – spoken statements
• Libel – written statements
• False arrests or imprisonment
• Malicious or false prosecutions
• Mental anguish
• Other liabilities

It can also cover you for lawsuits related to home or auto accidents. If you have a slip and fall at your home, your renter’s or home insurance liability coverage will pay for that. If you have a car accident you are sued for, you will probably need insurance beyond what your policy provides. An umbrella insurance policy will cover any amounts above those coverage limits.

Protect Yourself With Umbrella Insurance

You can protect yourself from lawsuits with umbrella insurance. At Green Family Insurance Inc., we want Illinois residents to sleep better knowing they are covered when accidents happen. Call us today for a quote on umbrella insurance.

What is Umbrella Insurance?

You know you need auto insurance to stay legal on the roads in Illinois. And you already likely have homeowners insurance to cover you against the unknown. But do you have enough insurance to protect your family fully? Our team at Green Family Insurance Inc. is here to help you understand how umbrella insurance can give you the peace of mind you need. Keep reading to learn more.

What is Umbrella Insurance?

To put it simply, umbrella insurance is a special type of policy that extends above your existing auto and property insurance liability. This means that if you’re in a severe car accident that you’re responsible for, someone is injured at your home, or there’s another issue that spurs a liability lawsuit, you have the additional protection you need.

Why Is Umbrella Insurance Important?

In today’s society, filing a lawsuit is one of the first things people think to do when injured. If someone has a legitimate or even a false claim against you, it could end up having a huge impact on your financial wellness. With an umbrella policy, you can always ensure you have enough coverage if a situation arises.

Who Needs Umbrella Insurance?

The truth is that anyone who owns a home or has significant assets should consider umbrella insurance. But the need goes much further than that. Those who have businesses, are parents of teenage drivers, or have an extended amount of risk exposure should consider this policy type.

Illinois Umbrella Policies from Green Family Insurance Inc.

Purchasing an umbrella policy is simple. All you have to do is meet with your trusted insurance agency, review your current policies, and answer a few questions. Are you ready to ensure your family is fully protected with umbrella insurance in Illinois? Please contact our team at Green Family Insurance Inc. to schedule your appointment.