Personal Catastrophe Liability Coverage
If there’s one thing we’ve all learned, it’s that life always likes to throw us unexpected surprises. With an umbrella policy through Willard Insurance, you will have that extra layer of protection in case something tragic happens in your life.
A personal umbrella policy gives you another added layer of insurance protection for unforeseen events. This could can prevent financial ruin from something such as a jury award from a lawsuit.
An umbrella policy also gives you extra protection against a catastrophic liability claim, which is often overlooked. If something happened to you, would you have enough coverage? This gives you coverage above the limits of your auto, homeowners and boat insurance.
The umbrella policies offered through Erie Insurance offers you an additional $1 million dollars in coverage for claims brought against you and your family for things like bodily injury, emotional stress, libel, slander or accidental damage to another persons property. While the policy offers $1 million in protection, additional amounts may be purchased.
You may be shocked to learn how much coverage you can buy through Willard Insurance Agency, for a modest cost. That extra million dollar coverage is typically less than $20 a month.
Willard Insurance provides umbrella insurance in Rocky Mount, Roanoke, Boones Mill, Floyd, Martinsville, Collinsville, and surrounding areas/counties.
Business Umbrella Policy
Your business is your livelihood so you want to protect it at all cost. That’s why you always want to consider the “what-if’s”. No matter how cautious and careful your employees are and how many policy and procedures you implement, accidents are bound to happen. Sometimes they can be serious an that’ why you want to protect your business for a catastrophic accident.
Business umbrella insurance can help you when you’re facing a serious or costly claim. For instance:
- A driver is at fault in a serious accident and a lawsuit is filed against your business as a result.
- Your business catches on fire and damages building surrounding your property and a lawsuit is filed against you.
- A customer is injured by a product they purchased from you, and sues your company.
- A competitor claims you made a false or malicious statement about their business in public or an advertisement and takes legal action against you.
One of the above listed scenarios could cause catastrophic damage to your business and even put you out of business. If the claim is serious enough, it could even put your own personal assets at risk such as your home and retirement account.
At Willard Insurance, we can help cover you from the above mentioned scenarios by getting you a business umbrella policy. The umbrella policy for businesses through Erie Insurance offers you $1 million or more of extra protection above your primary Erie Insurance policy’s liability coverage.