{"id":41,"date":"2022-11-23T04:00:00","date_gmt":"2022-11-23T10:00:00","guid":{"rendered":"https:\/\/www.penagency.com\/blog\/?p=41"},"modified":"2022-11-23T10:33:50","modified_gmt":"2022-11-23T16:33:50","slug":"why-parents-should-consider-umbrella-insurance","status":"publish","type":"post","link":"https:\/\/www.penagency.com\/blog\/why-parents-should-consider-umbrella-insurance\/","title":{"rendered":"Why Parents Should Consider Umbrella Insurance"},"content":{"rendered":"<p>Peninsula Underwriters Insurance Agency wants to help our Gainesville, FL clients know how best to protect their financial future. Learn how umbrella insurance works and why parents benefit from its protections.&nbsp;<\/p>\n<h2>What is Umbrella Insurance?&nbsp;<\/h2>\n<p>Umbrella insurance is, in a nutshell, excess liability protection. Damages may occur as a result of an auto accident, at home, or out in the world. This coverage protects the policyholder and household members, including liability protection for your children. Umbrella insurance offers protection against:&nbsp;<\/p>\n<ul>\n<li>Excess liability for injuries.&nbsp;<\/li>\n<li>Excess liability for property damage.&nbsp;<\/li>\n<li>Malicious prosecution.&nbsp;<\/li>\n<\/ul>\n<h3>Why Should Parents Consider Umbrella Insurance?&nbsp;<\/h3>\n<p>If you have children, you have increased risk. Children invite friends over who may be injured on your property while playing. Kids may toss a ball over the fence and throw a neighbor&#8217;s window. A birthday party you host results in food poisoning cases, and you are sued. In all of these cases, you&rsquo;d have a financial obligation to pay for the medical bills or neighbor&rsquo;s repairs. You also have a solid reason to want to protect your financial assets.&nbsp;<\/p>\n<h3>Financial Assets Are At Risk<\/h3>\n<p>If you are deemed liable for significant damages, many financial assets are vulnerable to seizure to pay your liability. These include:<\/p>\n<ul>\n<li>Property<\/li>\n<li>Autos<\/li>\n<li>Financial assets<\/li>\n<li>Future income<\/li>\n<\/ul>\n<p>Having an umbrella policy is one way to protect your family&rsquo;s future and financial stability. As a rule of thumb, consider umbrella insurance if your assets exceed the limits of your existing liability coverage.&nbsp;<\/p>\n<h3>Contact Us Today<\/h3>\n<p>If you&rsquo;d like to understand what umbrella insurance can do for you in the Gainesville, FL area, Peninsula Underwriters Insurance Agency is here to help. Our knowledgeable agents can answer all your questions and help you make the best choices to protect your assets against an uncertain future.&nbsp;<br \/>\n&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Peninsula Underwriters Insurance Agency wants to help our Gainesville, FL clients know how best to protect their financial future. Learn how umbrella insurance works and why parents benefit from its protections.&nbsp; What is Umbrella Insurance?&nbsp; Umbrella insurance is, in a nutshell, excess liability protection. Damages may occur as a result of an auto accident, at [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[10,11],"class_list":["post-41","post","type-post","status-publish","format-standard","hentry","category-umbrella-insurance","tag-gainesville-fl","tag-peninsula-underwriters-insurance-agency"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.8 - aioseo.com -->\n\t<meta name=\"description\" content=\"Peninsula Underwriters Insurance Agency wants to help our Gainesville, FL clients know how best to protect their financial future. Learn how umbrella insurance works and why parents benefit from its protections. What is Umbrella Insurance? Umbrella insurance is, in a nutshell, excess liability protection. Damages may occur as a result of an auto accident, at\" \/>\n\t<meta name=\"robots\" content=\"max-image-preview:large\" \/>\n\t<meta name=\"author\" content=\"admin\"\/>\n\t<link rel=\"canonical\" href=\"https:\/\/www.penagency.com\/blog\/why-parents-should-consider-umbrella-insurance\/\" \/>\n\t<meta name=\"generator\" content=\"All in One SEO (AIOSEO) 4.9.8\" \/>\n\t\t<meta property=\"og:locale\" content=\"en_US\" \/>\n\t\t<meta property=\"og:site_name\" content=\"Blog | Peninsula Underwriters Insurance Agency -\" \/>\n\t\t<meta property=\"og:type\" content=\"article\" \/>\n\t\t<meta property=\"og:title\" content=\"Why Parents Should Consider Umbrella Insurance - Blog | Peninsula Underwriters Insurance Agency\" \/>\n\t\t<meta property=\"og:description\" content=\"Peninsula Underwriters Insurance Agency wants to help our Gainesville, FL clients know how best to protect their financial future. Learn how umbrella insurance works and why parents benefit from its protections. 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