How to Collect on Umbrella Insurance

Insurance of any type is something that you buy while hoping you’ll never need it. But, because things happen, insurance may have to be collected on. Such a thing seems complicated. However, like many things that seem difficult and time-consuming, it’s quite easy once you jump in and do it. Plus, you have the satisfaction of reaping a substantial award.

Easy as ABC

Have you been paying your primary insurance’s deductible? If you have, the first step has already been taken. All you have to do now is let your primary insurance policy pay up to its limit. You may then take advantage of your umbrella policy to pay off the remaining balance of the judgment. This includes any and all legal fees. This way, you will not lose all your assets to pay for a lawsuit judgment against you. If you have a significant amount of assets, you may need umbrella insurance to protect them in the event of an accident or other incident outside your control. Even if you don’t have a great amount of wealth, umbrella insurance is handy if exposed to a lawsuit. When you consider the amount of coverage, umbrella insurance can be reasonably affordable.

Contact Wayne Realty & Insurance Co. Inc. Serving Goldsboro, NC

If you live in the Goldsboro, NC, area, and umbrella insurance sounds like a good idea, please get in touch with Wayne Realty & Insurance Co Inc. We will connect you with one of our courteous and knowledgeable agents who will dedicate themselves to helping you find the policy that best suits your needs.