The Importance of Robust Liability Coverage with Umbrella Insurance
Residents and businesses in Oklahoma City, OK need robust liability coverage to protect against potential financial and legal issues. Our team at Freeland Insurance is here to help you find suitable umbrella insurance policies and guide you in making informed decisions to minimize risk.
Why You Need Umbrella Insurance
Addressing your company’s liability is crucial, especially if your operation involves hazardous work fields. An umbrella insurance policy can offer an additional layer of liability protection and safeguard from the following:
- Additional liability concerns: Your other coverage might not cover everything, but umbrella insurance fills in the gaps.
- Lawsuits: Regardless of the nature of lawsuits, you’re likely to need umbrella protection to cover any incurred fees.
- High medical payments: If an injured person’s medical expenses are mounting, umbrella insurance can aid your business.
- Property Damage Costs: Excessive property damage caused by your business or actions is less daunting with an umbrella policy that covers replacement costs.
- Class Action Lawsuits: Large-scale class action lawsuits could threaten your financial health without the proper liability protection offered by umbrella insurance.
Note: For an umbrella insurance policy to take effect, it must be purchased separately; it doesn’t simply add on to your current policy but stands as its own form of coverage.
Freeland Insurance is Here for You
If you’re a resident of Oklahoma City, OK, and need umbrella insurance for your home or business, contact us at Freeland Insurance today to learn more about your options. We have years of experience in this field and will do everything possible to provide the support you need to protect yourself from lawsuits.