Month: December 2022

Umbrella insurance is a type of additional coverage that can help protect you from financial losses in the event of a lawsuit. Unlike other types of insurance, umbrella policies typically don’t pertain to specific categories or types of loss. Instead, they provide an extra layer of protection for your existing home and auto policies. Skyline Insurance LLC is here to serve the residents of Jacksonville, FL with this vital coverage.

Who needs umbrella insurance?

Umbrella insurance can be beneficial for a variety of people, including those who own homes, vehicles, boats, and other valuable items. It’s especially important for those who have high levels of assets or risk that may be targeted by a lawsuit. Professionals who offer services in fields like medicine, law, accounting, and finance should consider investing in umbrella insurance as their income may make them a target for litigation.

People with higher net worth should also invest in umbrella insurance to protect their assets from any potential lawsuits. This is especially true if they are liable for accidents involving their property or activities that could cause injury to another person. Additionally, homeowners in areas prone to natural disasters such as floods and hurricanes may want to purchase umbrella insurance to supplement their existing policies.

Umbrella insurance can also be beneficial for people who participate in risky activities like skydiving or bungee jumping – as well as those who own recreational vehicles like ATVs or boats – since they may be held liable if an accident were to occur while using these items on their property or in the course of their activities. Finally, individuals or businesses involved in professions that require specialized knowledge and expertise like contractors should purchase umbrella insurance if they operate near bodies of water or work on jobs where there could potentially be accidents resulting in liability issues.

Contact Us Today

For more information, give Skyline Insurance LLC a call today. We serve the Jacksonville, FL area.