2400 E Commercial Blvd 11th Floor
Fort Lauderdale, FL 33308
Umbrella insurance is an additional policy that either extends or enhances coverage of other insurance policies. Umbrella insurance is helpful when situations arise that are not covered by other insurance or when the claim exceeds the policy limits of the other policies.
A few examples of how umbrella insurance is helpful include:
In the state of Florida, anyone can sue the party that is “at-fault.” Even the “no-fault” auto insurance laws in Florida only prevent lawsuits from vehicle accidents where the injuries are not permanent and the medical bills are less than $10,000. If someone is permanently injured or dies in vehicle accident the party at-fault for causing the accident may face a lawsuit.
This is why having umbrella insurance protection in the State of Florida is so important.
Personal Umbrella Insurance
Personal umbrella insurance policies add additional insurance protection on top of existing home, automobile, and boat insurance. Usually those who benefit the most are wealthy individuals, like many who live in Fort Lauderdale, FL. Retirees in Fort Lauderdale, FL use umbrella insurance to protect the assets they spent a lifetime accumulating.
Coastal Wealth Insurance, LLC recommends that individuals conduct an annual review of insurance coverage and make adjustments that are more frequent when circumstances change in a material way.
Commercial Umbrella Insurance
Businesses face more litigation risk because of their interface with the public. Some business types, such as those in the construction industry and operating food service establishments, have more lawsuit risk than other businesses.
Getting umbrella insurance coverage with the help of Coastal Wealth Insurance, LLC let’s business owners sleep well at night, knowing that they will not risk losing everything if they face a lawsuit or major disaster.
Contact Coastal Wealth Insurance, LLC for any umbrella insurance needs. They are a well-established independent insurance agency in Fort Lauderdale, Florida.
I am very pleased with the quality of service and professionalism Coastal Wealth has given me. I will recommend them and look forward to doing more business in the future.
I've had my auto and homeowners with Coastal since 2008. It's been my pleasure working with the entire staff; they are very knowledgeable and clarify any questions that I may have.
The service I've received from Coastal Wealth has been wonderful. They were fast and knowledgeable about their products.
It was a smooth process working with Coastal Wealth. They are honest, patient and helped me understand everything that I needed.
Working with Coastal Wealth has been and continues to be the best to say the least, no matter the time of day or the issue their service is always given beyond expectations. We are so happy to work with them and make sure to spread the word of their wonderful service.