Whether you are a business owner, homeowner, or both in Arizona, being able to protect the assets you have worked hard for financially is something you should consider in your insurance policies. To supplement the current liability options you have, consider adding an umbrella insurance component with the help of Canyon State Insurance.
This policy is an additional policy that is meant for liability funds. It is used to help pay for liability costs when your current policy is exhausted. The amount of umbrella insurance you can carry usually surpasses the standard policy significantly. This is not a stand-alone policy, however.
Have you had a case where someone was hurt on your property? Maybe the words of an employee have caused another company to take you to court. If you have used your liability portion of your business or home insurance and are still required to pay for damages, umbrella insurance comes in. Instead of selling your assets to pay the difference, you can use umbrella insurance to cover these costs and give you financial protection.
You can add this policy to any home, condo, or renters' insurance policy that you may have. Residents need to know they have this option. If you are a business owner, you can also add it to your commercial insurance policy as an extension of the general liability insurance coverage.
If you are interested in adding umbrella insurance to your current policies, contact one of our agents at Canyon State Insurance today. We look forward to assisting you with your personal quote.
