Looking for Home Insurance?
We got you covered.

Get a Quote Now

​Looking for Umbrella Insurance?

  • Help lessen the financial impact of accidents
  • Mitigate your risk with more than just liability insurance
  • Provides peace-of-mind coverage for you and your family

Umbrella Insurance in Shelby, MI: How it works, benefits and advantages

Michigan umbrella insurance is a type of excess liability coverage that provides protection from the risks that your Commercial General Liability Policy does not cover. This type of policy can be an important consideration for any business in Shelby Township, Michigan and surrounding areas because it offers increased liability protection without increasing premiums too much. At Signature Insurance we are experts at how umbrella insurance works as well as what types of businesses are good candidates to purchase umbrella insurance.

Umbrella insurance in Shelby Township, Michigan

Umbrella insurance, in the simplest terms, is an umbrella for your umbrella. When you are considering what kind of coverage to purchase for your business, it’s important to have a strategy that covers not only the most likely events but also all possible scenarios. If you’re in Shelby Township and surrounding areas, umbrella insurance may be just what you need!

Are you a small business owner in Shelby Township, Michigan? If so, umbrella insurance could be the answer to some of your worries. Umbrella insurance is intended to pick up where your regular liability policies leave off. It’s designed to provide excess liability coverage for claims that exceed your policy limits or are excluded from other coverages such as General Liability and Commercial Auto Insurance. Read on and learn how umbrella insurance works in Shelby Township!

What is umbrella insurance?

If you have an umbrella insurance policy, the excess damages and legal fees are covered. An umbrella insurance policy can help protect your savings and equity in your home, or even protect future earnings from a lawsuit that could happen tomorrow. It’s important to think about personal liability protection today because lawsuits are filed more often and damage awards are larger than ever before.

Your family deserves peace of mind when it comes to their financial security — don’t let them worry about being sued for more money than they’re insured for! Get an umbrella insurance policy today so you can rest easy knowing you’re protected against any unforeseen circumstances that may arise in the future.

How much umbrella insurance do I need?

You might think that you have enough insurance, but the truth is that your regular policy only covers a certain amount of damages. If you’re in an accident and it ends up costing more than what your main insurance policy will pay out for, then you may be liable to cover the rest yourself. This could leave you with thousands of dollars in debt! When you buy our Umbrella Insurance Policy, if anything goes wrong, your family will be protected from any liability lawsuits or other claims against us because of this extra protection. It is so nice knowing that you don’t have to worry about financial disaster if something bad does happen!

What does umbrella insurance cover?

An umbrella policy is a great way to cover yourself and your family for any potential liability that might arise. If you have teenagers driving the car, it’s worth looking into an umbrella insurance plan so they won’t be left hanging in case of accidents or lawsuits if found at fault by court proceedings. Make sure to read over all terms carefully before signing up though because there are many definitions of household members which may not include those who don’t live with you full time like adult children or grandchildren from another marriage. You should also think about other people besides just their immediate family when considering what coverage makes sense based on whether someone lives in the same house as you – including step-children, for example.

Is umbrella insurance also called excess liability protection?

Umbrella insurance is not always called excess liability protection. You may also hear it referred to as umbrella coverage or a personal liability policy, but the two are actually different types of policies with their own benefits and exclusions. To learn more about how you might be able to benefit from these coverages, give us a call today!

How to buy umbrella insurance?

If you’ve decided that buying umbrella insurance is a good idea, we can help by finding the best plan for your needs. Just fill out our form and one of our experts will contact you to discuss your options. We’ll even do all the work! Our team has decades of experience in this industry and are happy to answer any questions or concerns you might have about getting liability coverage. You may be surprised at how affordable it really is – not as expensive as many people think. So what’s stopping you? Get started today with just a few clicks on our website.

What is an umbrella insurance policy?

If you are at risk of being sued for damages to other people’s property or injuries caused to others in an accident, it may be worth looking into purchasing an umbrella insurance policy. This type of personal liability coverage goes above and beyond the limits that regular home or vehicle insurance offers. To own this type of protection plan, you must have qualifying auto and homeowners policies with your current provider.

Who needs umbrella insurance?

It can be hard to know whether or not you need umbrella insurance. There can be a fear factor involved in the decision. Some people believe that they will inevitably find themselves on the wrong end of an expensive lawsuit. If this is what has been keeping you from getting umbrella liability insurance then it’s time for some facts and figures. The Bureau of Justice Statistics found in 2006 that only 2% of U.S households were sued last year–and 74% never got sued at all! In other words, if your odds are one-in-four (25%), you have a better chance of being struck by lightning than winning a lawsuit against yourself!

How much is umbrella insurance?

You may be wondering if umbrella insurance is worth the cost. If you’ve been paying attention, then it should come as no surprise that we think so! We understand that when people purchase this coverage they are taking out a significant financial risk with their premiums and deductibles. However, that doesn’t mean that it isn’t an investment in your future – or someone else’s for the matter. It can help protect assets from lawsuits and liability claims by providing additional protection beyond what most homeowners policies provide for personal property losses not covered by regular home insurance or auto/general liability policies (such as those involving swimming pools, trampolines, dogs).

How much umbrella insurance should I carry?

If you own a lot of assets or have expensive items, it may be worth considering purchasing an umbrella insurance policy to protect your livelihood. An umbrella insurance policy is most useful for high net worth individuals at significant risk of being sued. We can help you find the right type and level of coverage that fits your needs, so contact us today!

Get Umbrella Insurance today

Umbrella insurance provides peace of mind so you can focus on other aspects of life. It’s an inexpensive way to protect assets not covered by other insurance policies, and it may come in handy if someone is injured on one of your rentals. Call Signature Insurance today at (586) 274-9600 in Warren or (248) 955-9055 in Troy to get an estimate.

Want a free estimate? Talk with us

How much is homeowners insurance in Michigan?

Need insurance for your home? Call us at (586) 274-9600

Depending on your zip code, the average Michigan homeowners insurance cost will vary.

$750 to $950.

These are just averages. Ultimately, it will depend on the property value and risk factors like
the elevation of the property, for example. Our job is to find the best homeowners insurance
rates, so all you have to do is choose. In many cases, we can find discounts that an
insurance company wouldn’t normally offer.

Understanding the Michigan No-Fault Insurance Law Reform

In short:

You are not legally required
to have homeowner’s
insurance for your property.

But it’s a fantastic idea.

Source: michigan.gov

According to the Government of Michigan, you are not required to purchase property insurance for your home or personal property. Having said that, Michigan has certain risks to your house that are relevant if you live in Shelby. With the permanent risk of heavy rainfall, the best thing you can do is get insurance for your home.

Get umbrella insurance now to protect yourself and your family

At Signature Insurance we want to help you understand your insurance coverage options so you make the best decision. Contact us at (586) 274-9600 and we’ll be happy to get quotes for you from many of the top home insurance companies in Shelby, Michigan.

Contact us at (586) 274-9600 and we’ll be happy to get quotes for you from many of the top insurance companies that serve Shelby.

Get the best rates from these insurance companies