When you are in an accident or someone else suffers damage you may be responsible for, having enough insurance is critical to helping you to avoid financial complications and losses. One form of insurance many people could benefit from is umbrella insurance. As the name implies, it provides coverage over and beyond what other plans offer, providing you with more liability coverage when you need it the most.

At Renee Oliver Insurance Agency Inc., we help clients in and around Silver Spring, MD, get the necessary insurance coverage. 

When Can Umbrella Insurance Help You?

Umbrella insurance aims to provide more insurance protection and coverage when your other policies seem to run out before your losses. It can help provide you with coverage for claims related to accidents of various types. That includes:

• Injuries
• Property damage
• Some lawsuits
• Personal liability claims against you

Consider what would happen if you were in a serious car accident. Your auto insurance offers bodily injury liability coverage, but it may not be enough to cover all losses sustained by victims in the case. Umbrella insurance can help by providing more protection. 

Because the cost of medical bills and long-term care needs is so high today, having umbrella insurance is often a smart financial decision. It may help you to minimize risks further, helping to protect your assets from other risks.

Let Our Team Offer Guidance and Help for You

Could you benefit from umbrella insurance? To find out, set up a consultation with your insurance agent at Renee Oliver Insurance Agency Inc. Let our team take a closer look at the insurance products you have now and offer ways to improve them so they better align with your needs. We work with clients through Silver Spring, MD.