At Jim Boyce Insurance, we’re a committed insurance company that offers the best to our clients. That is why we have been offering umbrella insurance to our customers in Matthews, NC.
What is Umbrella Insurance?
Traditionally, most insurance policies have some limits. This means that there is an extent to which they will not cover. This is where umbrella insurance comes in. It helps you cater to expenses that have gone beyond the standard limit of your insurance policies.
If you already have an insurance policy, it doesn’t mean that you’re fully covered. You should make sure that you have umbrella insurance for complete coverage. Here are some of the areas where umbrella insurance will cover.
Bodily Injury Liability
Bodily injury liability is coverage that helps you to cover for the injuries you have inflicted on another person. It involves medical expenses and compensation for lost wages. If your bodily injury liability is exhausted, umbrella insurance will come in handy and help you to cover such expenses.
Property Damage Liability
If you damage other people’s property, your property damage liability helps you out by taking care of the necessary repairs or replacements. However, such liabilities might be too much to cover using your property damage liability. Umbrella insurance will cater to the extra costs that your policy is not covering.
If you get injuries in a car accident, your auto insurance is supposed to cover your medical expenses and any other arising charges. However, when your injuries are severe, personal injury protection might not be enough. Instead of paying out-of-pocket, you can use umbrella insurance to cater for such expenses.
If you live in Matthews, NC, you cannot afford to live with the fear that your insurance policies might not provide full coverage. At Jim Boyce Insurance, we will help you get umbrella insurance to cater to what goes beyond your limits.