In today’s unpredictable world, protecting yourself and your assets is crucial. While you may have several insurance policies in place, there is one type of coverage that often goes overlooked but can provide invaluable protection—umbrella insurance. This post will delve into umbrella insurance, how it works, and what it covers, highlighting the importance of this additional layer of financial security.
Umbrella liability insurance provides coverage on top of other policies. Many renters in New York think that they don’t need umbrella insurance because they don’t own their home. However, this type of coverage can protect you from financial ruin as it aids costs should a lawsuit arise. It sits above a renter’s insurance policy and so it is perfectly suited