Umbrella insurance can cover physical injury expenses, but many people don’t fully understand the types of coverage it provides or when it applies. Before taking out a policy in Sioux City, IA, Heimgartner Insurance Inc. can help you learn more about the basics of physical injury and umbrella insurance.
When Does Umbrella Insurance Cover Physical Injury?
Umbrella insurance covers physical injury after your standard insurance policy reaches its limits. For example, if your auto insurance has a $100,000 limit for bodily injury and the bills from a severe car accident total $300,000, your umbrella insurance policy can cover the additional $200,000 in expenses.
Umbrella insurance is valuable even for people who don’t think they lead risky lives. Modest properties and cars can still cause injuries to others, and the severity of an injury often isn’t clear until much later. A minor incident, such as a slip-and-fall or fender-bender, can result in a lifetime of medical bills under the wrong circumstances.
Will Umbrella Insurance Cover My Injuries?
No, umbrella insurance only covers the injuries of other people if you are liable for their injuries. For instance, if a guest slips on your unsalted driveway in Sioux City, IA, and suffers a serious injury, your umbrella insurance can cover the costs that your home insurance doesn’t. However, if you slip and injure yourself on the same driveway, you are responsible for your own expenses.
Get Expert Guidance on Umbrella Insurance
If you want to learn more about umbrella insurance, including real-world examples where it has been a financial lifesaver, contact Heimgartner Insurance Inc. We’re here to help you choose a policy that meets your needs without exceeding your budget.
