Umbrella Policies Protect Alaskans

Umbrella Policies are a secondary layer of insurance and acts like an “umbrella” to protect the insured as as well as the injured parties. Though not common in discussions, these policies benefit an insured by adding another layer of protection to meet insurance needs. This coverage is in addition to other Alaskan insurance policies such as auto, renter, and homeowner insurances.

Additional Liability Protection For Alaskans

If you are in a situation where you are liable for another person’s injuries and claims, an umbrella policy is beneficial. After using all available primary insurance coverage, the umbrella policy kicks in to protect you and your assets from excess liability judgments. That means if someone suffers injuries due to your actions, the umbrella policy helps take care of the injured party beyond your primary insurance limits. Additionally, the insurance protects your assets from liability claims and lawsuits.

Help With Excess Damages

If you suffer severe injuries due to someone else’s negligence, ensure your attorney asks about umbrella coverage which may be available for the at-fault party. For example, you are in a car accident suffering severe injuries and there is not enough auto insurance to cover your medical bills and claims. An experienced attorney will conduct thorough research to identify additional coverage such as an umbrella policy on the at-fault party. The additional insurance may be helpful recovering losses caused by the accident.

Other Types Of Claims Umbrella Policies May Cover

In addition to liability protection, umbrella coverage may help with professional liability, lawsuits, property damage and other unpredictable situations. Adding the coverage to your insurance protection will help injured parties in case of serious accidents. One never knows when an accident may happen. It is important to plan ahead in case of the unexpected.

Questions About Umbrella Policies In Alaska?

If you have questions about Umbrella Insurance, call your auto insurance sales agent. They will provide a review of your coverage and make recommendations to ensure you are covered Alaska. Protect yourself and your family. Review your auto insurance and buy as much Liability, Uninsured, Under-Insured and Medical Payment insurance coverage as you can afford. Then ask your agent about an Umbrella Policy.

Johnson Law has been helping Alaskans for nearly 30 years. It’s who we are. Call Johnson Law at  (907)277-3090 or use our Contact Form to discuss your Alaska accident injury case. We are here to serve you.

And while we hope you never need us… We’re here if you do. ~ Doug Johnson

Sources: Trusted Choice; The Balance; One Digital

Image Source: One Digital