If something unexpected happens and you’re liable, you could jeopardize your financial well-being. Personal umbrella insurance can protect you against such liability claims, including libel, slander and false imprisonment, providing you with a financial safety net.
An umbrella policy protects you, your spouse and family members who live in your household named on your existing policies. At E.A. Funk and Associated Inc., we can explore for the right coverage that may be beneficial to give you protection for these scenarios.
Personal umbrella insurance is relatively inexpensive compared to the added coverage you gain. We can evaluate your financial needs and risks to ensure you have suitable coverage. Call us at 631-467-4747 to speak with a team member about umbrella insurance in Long Island NY.
Contact information
(631) 467-4747
info@eafunkinsurance.com
Send Quote Request
The people at the Funk Agency are very professional with a personal touch. They are always available to answer any concerns and to make changes on my policies. I highly recommend Eric Funk and his stall for all your insurance needs.
Eric and his staff were very professional and efficient. We needed to make some last minute changes to our policy before it expired and they all made it happen effortlessly. I will certainly be calling them to help with our other insurance needs.
We have worked with Eric and his team for many years. They are trustworthy, always ready to help when we need assistance and exceed our expectations. Most importantly – very kind.
Umbrella insurance adds an additional layer of liability protection to your primary policies. For instance, if you’ve injured someone or damaged their property, your umbrella insurance can give you crucial protection against a potentially damaging liability claim. Without umbrella coverage, you’re liable for paying for liability costs that exceed your existing policy’s protections.
Umbrella insurance is beneficial coverage to have but not legally required. Suppose you have a lot of assets to protect or a high likelihood of being sued. In that case, umbrella insurance may be advantageous, especially if you don’t want to shoulder additional financial worries.
An umbrella policy protects you, your spouse and family members who live in your household named on your existing policies. We can explore coverage that may be beneficial to give you protection for these scenarios.
No, umbrella insurance does not cover all risks. While it offers a broad financial safety net for major lawsuits and significant liability claims, it typically excludes coverage for intentional criminal acts, professional liability, business-related losses unless specifically endorsed, and damage to your own personal property.
To determine how much umbrella insurance you need, you should aim for a coverage limit that matches your total net worth, including your savings, investments, home equity, and potential future income that could be at risk in a lawsuit. As premiums for millions in umbrella coverage are typically very affordable, most financial advisors and insurance companies recommend rounding up to the nearest million to ensure comprehensive protection against catastrophic liability claims.
Fill out the form below, and someone from our team will get back to you shortly.
