Month: December 2024

If you already have a home insurance policy and an auto insurance policy, there is another type of insurance that you may be missing – umbrella insurance. This type works with those other two policies to leave you better protected. It’s a good idea to look into this kind of insurance policy to see whether you need this type of protection. Call us at Stewart Agency, Inc. in Elmira, NY to get umbrella insurance.

More Liability Coverage

It’s essential to have enough liability insurance in case of a serious accident. When you have auto and home policies, each of these comes with a specific level of liability insurance. This pays for someone else’s medical bills and other costs when they have been in an accident for which you’re liable. With auto insurance, this is for the other party when you’re involved in a car accident. With home insurance, it’s for the other party when they have an accident in your home or on your property. The issue is that these policies often have very little liability coverage, leaving you vulnerable if there is a serious and expensive accident.

How It Works

Once an accident occurs, the first step is for your home or auto insurance to come in and pay for the accident. The policy that responds can only pay up to the maximum set by the policy. If anything is owed after that, your umbrella insurance will come down and pay this overage. This can save you enormous money if the accident is severe. It’s always a good idea to have this protection just in case of an accident.

Get Umbrella Insurance in Elmira

When you need this important protection, we’re here to help. Call us at Stewart Agency, Inc. in Elmira, NY.