What do you do when the repair costs and medical bills exceed your existing coverage limits? If you are a San Jose, CA resident preparatory with foresight, you might consider adding an umbrella insurance policy to avoid such uncertainties. If you’re looking for tailored insurance solutions, the seasoned team at Bayshield Insurance can help you.

The Benefits of the Umbrella

You have secured your auto, boat, and home with pertinent insurance. But what about the "what if" scenarios? Most standard coverages, like auto and home insurance, effectively cover the fundamental and occasionally unexpected costs. However, what if the expenses overshoot the boundaries of your policy, leaving you to handle the excess?

Umbrella insurance is designed for precisely such situations. It covers beyond the limits of your normal policy and offers more than just extra coverage. While most insured parties feel they are adequately covered, those with umbrella insurance have the assurance of protection, which is a significant benefit of umbrella insurance.

Ensuring Your Investment

Insurance plans such as home, auto, and others are essentially investments that provide an exceptional return on investment when required. The question then arises – how do you ensure these investments and their dividends? The answer lies in the right umbrella insurance plan.

If you reside in San Jose, CA, and want to ensure what you insure, we have you covered. Contact us to gain more information about umbrella insurance and arrange a consultation with our experienced Bayshield Insurance team today.

Believe it or not, your standard insurance policy has limitations. For many of us, this is okay. But, at Bayshield Insurance in San Jose, CA, we understand that there are those of us who find those limitations restrictive. Perhaps you have a high-risk occupation that exposes you to potential liability claims, like a doctor. Or maybe you own a vacation home in another state. Whatever the case, you’ll need umbrella insurance to bridge your coverage gaps.

What is Umbrella Insurance?

Umbrella insurance is a type of extra liability insurance that provides you with additional protection and peace of mind. It covers you against claims or lawsuits that exceed the limits of your primary insurance policies, like auto, home, or renter’s insurance. Some benefits of umbrella insurance in San Jose, CA are:

• It covers you for damages or injuries that you cause to others, like if you cause a car accident, a dog bite, or a slip and fall on your property. Umbrella insurance pays for the medical bills, legal fees, and settlements you are liable for up to the limit of your policy. This protects your assets and savings from being seized or garnished by creditors or plaintiffs.
• It covers you for damages or injuries that others cause you, like if you are a victim of a data breach, a workplace accident, or a product defect. Umbrella insurance pays for the costs of repairing or replacing your property, medical treatment, lost wages, and pain and suffering.
• It covers you for damages or injuries like defamation, landlord liability, or false imprisonment. Umbrella insurance pays for the legal fees and damages you face if someone accuses you of slander or libel or if someone sues you.

Bayshield Insurance Is Here To Help

Umbrella insurance is a smart way to protect yourself and your family from unexpected events and lawsuits. By getting umbrella insurance from our expert agents at Bayshield Insurance, you enjoy peace of mind and financial security. Call us to learn more today. 

Accidents happen despite our best intentions, and insurance protects us and our families against those unforeseen events. Among the most valuable forms of insurance are umbrella policies that supplement your primary insurance policies. If you are considering or want to learn how you might benefit from an umbrella policy, contact the team at Bayshield Insurance, serving San Jose, CA and surrounding communities.

How Umbrella Insurance Supplements Your Primary Policies

Your auto and homeowners’ policies provide protection if you are at fault in an auto accident or if someone becomes injured on your property. In either situation, the liability for those injuries could exceed the limits of your auto or home policies. Without an umbrella policy, you are responsible for liability exceeding your policy limits, which could result in the loss of your savings, home, or other assets.

However, if you have an umbrella policy covering such events, the umbrella policy begins paying out when the liability exceeds the primary policy’s limits.

Umbrella insurance is supplemental or secondary insurance atop the primary policy, so it is unavailable without the underlying auto or homeowners’ policy. Part of calculating the premiums or cost of umbrella policies are the liability limits of your primary auto, homeowners, or other policies. The higher the limits on those policies, the lower the cost of an umbrella policy.

So, umbrella insurance cannot replace your underlying policies but can provide peace of mind by enhancing your family’s protection against unforeseen events.

Working With Bayshield Insurance

There is comfort in knowing you and your family have protection in a world where anything can happen. If you live in or near San Jose, CA, and want to discuss umbrella or other insurance, call or stop in to see the team at Bayshield Insurance.