Why You Need an Umbrella Insurance Policy in Florida

When you think about insurance, you may picture homeowners, auto, or renter’s policies—these are typically the basics that most people secure. However, as you build assets or take on more responsibility, it’s important to consider additional protection. In Florida, the need for an umbrella insurance policy is more critical than ever. At The White Agency, Inc, we’re committed to helping you safeguard your financial future with the right coverage. Here’s why an umbrella policy should be part of your insurance portfolio.

What is Umbrella Insurance?

Umbrella insurance provides extra liability coverage beyond what your homeowners or auto insurance policies offer. It’s designed to protect you against large claims or lawsuits that exceed the limits of your primary policies. Essentially, an umbrella policy acts as a safety net, stepping in when other insurance limits are exhausted. The White Agency, Inc specializes in helping Florida residents find the right umbrella policy to fit their unique needs.

The Unique Risks in Florida

Florida presents specific risks that make umbrella insurance a wise choice. Here are a few reasons why working with The White Agency, Inc can help protect you:

1. Weather-Related Claims: Florida’s reputation for severe storms, hurricanes, and floods is well-known. In the unfortunate event that you cause property damage or injuries during a storm, umbrella insurance can help cover legal fees and damage claims that go beyond your homeowner’s or auto insurance limits.
2. Car Accidents: Florida has one of the highest rates of car accidents in the U.S., partly due to its population density and traffic. If you’re involved in an accident that causes significant damage or injuries, your auto insurance may not fully cover the costs. The White Agency, Inc can help you secure an umbrella policy to bridge the gap, ensuring you don’t face financial ruin in the event of a major claim.
3. Lawsuits: Florida is known for its litigious environment. If you’re sued for any reason—whether due to a car accident, slip-and-fall incident, or injury that occurs on your property—your basic insurance might not be enough to cover the legal expenses and settlements. An umbrella policy through The White Agency, Inc can step in and protect your assets in these high-stakes situations.
4. Increased Property Value: As property values rise, especially in Florida’s highly desirable coastal areas, so does your risk exposure. If someone is injured on your property or if you are responsible for an accident, an umbrella policy can offer additional protection to ensure you’re not paying out-of-pocket for large legal fees or settlements. Let The White Agency, Inc help you find a policy that keeps up with your property’s value.

What Does Umbrella Insurance Cover?

An umbrella policy offers protection in a variety of situations, including:

• Bodily injury: If someone is injured on your property, during an accident, or in a situation where you’re found liable. • Property damage: If you accidentally damage someone else’s property, like crashing into a neighbor’s fence or causing a fire that damages surrounding homes. • Legal fees: Covers the legal costs if you’re sued for negligence, libel, slander, or other claims against you. • Personal liability: If you’re sued for non-vehicle-related incidents, such as a dog bite or an injury on your property.

How Much Coverage Do You Need?

Most umbrella policies start with a minimum coverage amount of $1 million. While this might seem like a lot, considering Florida’s legal environment and the potential costs of medical bills, property damage, and legal fees, it’s relatively affordable. You can purchase additional coverage depending on your needs, and The White Agency, Inc can help you determine the right amount for your specific situation.

Affordable Protection for Peace of Mind

One of the best parts about umbrella insurance is that it’s usually quite affordable. For just a few hundred dollars a year, you can protect yourself and your family from catastrophic financial burdens. Considering the potential costs of lawsuits or accidents, the investment is well worth it for added peace of mind. The White Agency, Inc is here to provide the guidance and expertise you need to secure the best coverage at the best price.

The Bottom Line

Living in Florida comes with its own set of risks, especially when it comes to natural disasters, car accidents, and lawsuits. An umbrella policy is a smart, cost-effective way to ensure that your assets are protected from unforeseen financial burdens. Whether you own a home, have a high net worth, or just want to sleep better at night, an umbrella insurance policy through The White Agency, Inc can provide the security and peace of mind that you need.

Don’t wait until it’s too late – contact The White Agency, Inc today to add an umbrella policy to your insurance portfolio!

Agent: Cindy Bravo-White
The White Agency, Inc
12954 Tanja King Blvd
Orlando, FL 32828
(407) 401-7095
www.TheWhiteAgencyInc.com