29 Oct Why Get an Umbrella Policy Before the Holiday Months?

We are nearing the end of October and this means that the holiday months are quickly approaching. During Halloween, Thanksgiving, Christmas, and New Year’s there are always parties and events happening. Many of us like to host events in our own homes and celebrate with friends and family. Parties are meant for everyone to join together and celebrate, but accidents can happen during the least unexpected times. One may ask, doesn’t my homeowners insurance protect me from accidents? Well yes, but only to a certain extent. This is why you need an Umbrella Policy.

An Umbrella policy can offer protection for covered claims by others for personal injury or property damage caused by you, members of your family/household, or hazards on your property for which you are legally liable. A personal umbrella policy will help provide extra liability coverage over the limit of your homeowners or renters insurance policy. While this may seem like an extra expense for a simple holiday party, the cost of getting sued can have a higher price to pay. If a guest at your party happens to trip and fall over an item, which results in an injury, you are responsible. Protect yourself and others by taking out an umbrella policy. It is better to be prepared in situations where unfortunate events can happen. Typically, Umbrella Policies are purchased at a low cost, but will provide enough liability coverage to protect you in the future. Call Spivey Insurance today at 704-821-4460 to speak with one of our agents about getting an Umbrella Policy or visit us online to get a free quote!

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