Today, an increasing number of people are interested in umbrella insurance in Snellville, GA. It’s important to learn everything you need to know about this type of policy to decide whether it’s right for your children.
What Is Umbrella Insurance?
Umbrella insurance provides additional liability coverage. It can offer protection if your auto or home policy isn’t sufficient to cover another person’s bodily injury claim. These policies can also help in cases involving lawsuits, such as defamation.
How Could They Benefit Children?
There are several reasons to consider whether your children are covered under your policy.
Teen Drivers
Although teens may not face lawsuits related to the home, they could be involved in a car accident. As a parent, you could be responsible for property damage or bodily injury costs that exceed the limits of your auto policy. An umbrella policy can provide coverage once those limits are exceeded, helping to cover the remaining costs.
Defamation
Defamation lawsuits are no longer limited to adults. With the rise of online activity, an increasing number of children, particularly influencers, are being subjected to these lawsuits. Umbrella insurance can help pay for legal defense or settlements involving your child.
Coverage for Children
Most umbrella policies will cover your children, provided they meet certain conditions. It’s always a good idea to speak with an agent at Toney Insurance Services to confirm your coverage details.
Policies often extend to family members who live in the same household. If your children use your address as their residence, they are likely covered. This can also apply to college students who still use your address as their primary residence.
At Toney Insurance Services, our knowledgeable agents will take the time to understand your situation and ensure you have the coverage you need. Contact us today. We proudly serve the Snellville, GA area.
