The Need For Umbrella Insurance
There are a variety of reasons why one may need umbrella insurance, despite common assumptions that these policies are only designated for the rich and famous. Rather than leaving your assets vulnerable, consider these situations where an umbrella policy would be necessary to avoid having to dip into your pocket:
• Accidents involving multiple cars and injuries will almost always exceed your standard auto insurance coverage, and unfortunately, multi-car accidents are common.
• While you may not worry about the liability threats of having guests over, one wet spot that causes a major fall and injury can leave you in financial ruin.
• If you rent out your second property or are the landlord of any property, you need umbrella insurance. The liability risks are bountiful, and securing this protection can help protect you from financial harm.
• While you may think that your furry friend would never bite someone, most dogs would do anything to protect their owners. Dog bite liability claims are one of the most expensive and time consuming homeowner claims that usually turn into hefty lawsuits.
Contact Accurate Insurance Inc. in Spokane for all of your Washington umbrella insurance needs.