Umbrella Insurance Overview

Peninsula Underwriters Insurance Agency serves the Gainesville, FL community. We strive to make sure that our clients are covered in every situation. We have working relationships with multiple carriers across the Southern and Eastern coasts. We offer multiple types of policies. We look forward to helping you find the coverage you need to protect your assets.

Umbrella Insurance Overview

Umbrella insurance is supplemental coverage designed to prevent you from a financial catastrophe. Perhaps you have strong liability coverage on your home, vehicle, or Gainesville, FL business. Perhaps you invite friends over to your home to enjoy a swim. One of your friends slips and falls while getting out of the pool, suffering a serious injury. Maybe your pet attacks one of your neighbors. These are common situations when umbrella insurance protects you. If the injured party pursues legal action, you may be left exposed if the damages exceed your liability limits. Suddenly, your assets are at risk. Umbrella insurance adds another layer of protection to prevent you from losing your assets.

Umbrella insurance also helps protect your loved ones. If your teen driver causes a serious accident, you can rely on umbrella insurance as you help navigate the fallout. If you are a business owner, umbrella insurance covers you if you are dealing with serious allegations such as slander or libel. Umbrella insurance may also cover serious accidents by your employees while they are on the job, such as a commercial vehicle accident. Keep in mind though that any intentional acts are not covered under the policy. It’s recommended that the value of your umbrella insurance policy exceed your total assets.

Peninsula Underwriters Insurance Agency Will Help You Protect Your Assets

Visit our website to learn more information about umbrella insurance.  

How Condo Insurance Works

When you own a condo, there is always a lot to think about. One of those things is getting condo insurance and keeping it for as long as you own the condo. Condo insurance is extremely important for protecting your finances and your way of living. If you need condo insurance for your home, call us at Peninsula Underwriters Insurance Agency in Gainesville, FL today. 

Insurance Coverage for Your Florida Condo

Your condo insurance isn’t exactly like home insurance. With home insurance, the whole dwelling is covered by the insurance policy. With condo insurance, the specific areas of the condo that you own are what is covered. This may be everything except the outer part of the outer walls, or it may be the inside part of the outer walls and everything inward. Depending on which you own, your condo has to protect those areas in case of a calamity or disaster that causes damage to them.

Covering Your Possessions

Next to coverage for the condo itself, coverage for your possessions is perhaps the best-known aspect of this insurance. It covers everything that is inside the condo against occurrences like accidents and covered disasters. It’s extremely helpful for saving you money after a serious incident destroys your things. This coverage can pay for new items so that you aren’t left to start over again. 

Coverage for Liability

In a condo, you might not think about liability issues, but they do exist. If someone were to come inside your condo and have an accident, you would likely be held liable for the person’s medical bills. With condo insurance, that money would come from the policy instead of from you. 

Get Condo Insurance

If you own a condo, make sure you have the right condo insurance. Call us at Peninsula Underwriters Insurance Agency in Gainesville, FL.