Umbrella Insurance

Umbrella Insurance In Michigan

Due to the new changes introduced to Michigan's auto No-fault insurance law that took effect in July 2020, all the drivers now face significantly increased liability risk if they cause a severe car accident. Umbrella insurance protects the driver's assets from being auctioned and used to pay his/her liability. An umbrella insurance policy provides the residents of Michigan with additional liability coverage.

This type of coverage extends beyond your auto, watercraft, or home insurance policies. If you are at risk of being sued for damages to another person's injuries or property, an umbrella insurance policy guarantees you ultimate protection. This type of coverage is crucial for those individuals with a lot of assets and have a high risk of being sued.

Essentially umbrella insurance is designed to shield you from expensive lawsuits, and it will come in play if the liability provided in your homeowner's and auto insurance policies are exhausted. Buying umbrella insurance at a reputable and authorized insurance company in Michigan will protect your assets, which comprise your home, savings, retirement account, cars, investment, and future income from any financial detriment in case of unforeseen uncertainties.

Umbrella insurance cannot get purchased on its own. It's only acquired if you have other primary policies in place. Do you need this extensive coverage to supplement your existing primary policies? Be our guest today at Richard J Selleck & Sons Agency Inc. offices to get a quote on umbrella insurance.

Who should buy umbrella insurance?

Mostly clients who purchase an umbrella insurance policy in Michigan own property and have considerable savings in their possession. Some activities you engage in as a Michiganian can exacerbate the chances of being sued, including:

  • Coaching kids' sports teams.
  • Volunteering.
  • Serving non--profit-making body.
  • Being a landlord.
  • Being a participant in sports where there is a likelihood of injuring others.
  • Engaging in posting reviews of products and business regularly.

What does umbrella insurance cover?

  • Personal injury.
  • Property damage.
  • Landlord liability.
  • Libel, slander, or defamation.
  • Legal representation fees.
  • False arrest
  • Bodily injury.

What it doesn't cover.

  • A contractual agreement, whether written or oral.
  • Business losses.
  • Criminal or intentional actions.
  • Flood damage.
  • Personal belongings.

Are you a resident of Michigan? Feel free to call or visit our Richard J Selleck & Sons Agency Inc. offices for more queries and information.

Our Insurance Services

When it comes to insurance, we strive to provide the best. We can help you get the following coverages:

Partner Carriers

  • Allstate
  • American Modern
  • American Strategic (ASI)
  • Bristol West
  • Burns & Wilcox
  • Citizens
  • Dovetail
  • Foremost
  • Grange
  • Great Lakes Mutual
  • Nationwide
  • New York Life
  • Progressive
  • Safeco
  • Titan