Most people are familiar with the basics of insurance coverage. You have your homeowner’s insurance, your health insurance, and your auto insurance. But what about umbrella insurance? Do you need it? And if so, what kind of situations would warrant a claim?

At Kinowski Agency Inc. in Amsterdam, NY, we want to make sure our clients are fully protected against any possible risks. That’s why we offer umbrella insurance as part of our comprehensive lineup of insurance products.

Here are five situations that might call for umbrella insurance:

1. You’re Sued for Libel or Slander

If you’re ever accused of libel or slander, you could be looking at a costly legal battle. Even if you win the case, the legal fees can add up quickly. Umbrella insurance can help cover those costs.

2. You’re Sued for Defamation

Defamation is a type of false accusation that can really damage your reputation. If you’re sued for defamation, umbrella insurance can help with both the legal fees and any damages you might be ordered to pay.

3. You Accidentally Injure Someone

Even if the injury is minor, an accident can still lead to a lawsuit. If you’re sued, umbrella insurance can help cover both the legal fees and any damages you might be ordered to pay. 

4. Your Pet Injures Someone

If your pet injures someone, you could be held liable — especially if the injury is severe. Once again, umbrella insurance can help with both the legal fees and any damages you might be ordered to pay. 

5. You Damage Property Belonging to Someone Else

Even if the damage is accidental, you could still be on the hook financially if it’s severe enough. In this case, umbrella insurance would help cover the cost of repairs or replacements up to your policy limit.

Get Umbrella Insurance Today

Umbrella coverage is designed to protect you from major financial losses. If you’re ever sued or held liable for an accident, umbrella insurance can help you pay for the legal fees and any damages you might be ordered. If you’re not sure whether or not you need umbrella insurance, contact Kinowski Agency Inc today. Our team in Amsterdam, NY will be happy to review your situation and recommend the best course of action for you moving forward.