Umbrella Insurance in New York

Living in a state that is as populated as New York, having quality insurance is essential for many residents. Whether it is their home or their business, they want to have the most protection available should they find themselves in a potential situation where their responsibility costs more than they have available. For clients living in the Croton Falls, NY area, agents at the Carminucci Agency are ready to assist them with an umbrella insurance policy.

What is umbrella insurance?

Umbrella insurance is an additional liability coverage policy that is often supplemented to either a home or commercial insurance policy. These standard policies come with a set limit on liability cost coverage. While it is not expected to exceed that amount, sometimes homeowners are the responsible party to a tragic incident where the damage costs more than what is covered.

Standard policy first.

Umbrella insurance can only be purchased if you are carrying standard liability coverage through home insurance or commercial insurance policy. Once you have these policies in place for your New York business or home, you can add to them with the umbrella insurance policy as a supplemental option.

How much coverage do you need?

When you reach out to our agents at Carminucci Agency, your coverage should include the total amount of your assets, plus your expected salary for the next twenty years. Your assets include the value of your home, any vehicles you may own, the net worth of any personal businesses, savings accounts, and additional property that you own. Anything that you own of value and can be used to sell and pay a debt is considered an asset and should be considered when you are determining the coverage amount of your policy.

Supplement your policies today.

Proudly serving clients in the North Salem, NY area, our agents at Carminucci Agency are ready to assist you with your umbrella insurance policy. Call us today for more information.