Unexpected liability expenses can be a significant challenge for landlords. That’s why our team at Great Michigan Insurance in Marshall, MI, is here to help you prepare for whatever comes your way. We’ll work with you to find the right coverage for your rental property or business. If your landlord insurance policy doesn’t provide the level of liability coverage you need, you may be wondering if there are options to increase your protection. One potential solution is an umbrella insurance policy. Here’s what you need to know.

What Is Umbrella Insurance?

Umbrella insurance is a supplementary policy that provides additional liability coverage once you’ve reached the limit on a primary policy it’s paired with. Every umbrella insurance policy is unique, so it’s important to speak with an agent on our team to understand what your policy covers. In general, umbrella insurance serves as an extension of an existing policy, providing additional reassurance for business owners and homeowners.

Does Landlord Insurance Pair With Umbrella Insurance?

While individual policies vary, umbrella insurance can often pair with landlord insurance. As long as the landlord insurance policy meets the qualifying requirements, including coverage limits, it may be possible to add an umbrella insurance policy to your existing landlord coverage. However, it’s important to note that umbrella insurance is not a replacement for landlord insurance, and some landlord policies may not be eligible for pairing with umbrella insurance.

Contact Us

For more information about umbrella insurance, call us at Great Michigan Insurance in Marshall, MI, today! Our team is here to help you find the right coverage for your needs.