It is not necessary to be a multi-millionaire to face a lawsuit for millions. InsureDirect Insurance offers umbrella insurance New Jersey to protect you against lawsuits. Our policies protect our clients from the cost of legal action in many states including New Jersey and New York. Contact our team to start tailoring an umbrella policy that meets your needs.

What Is Umbrella Insurance?

The umbrella policy is an extension to your liability insurance. You may be legally liable for damages if someone slips and falls on your front steps or is bitten by your dog. Homeowner and Auto policies can only protect you to a certain extent. The umbrella insurance policy covers the gaps, allowing you to pay for legal fees and court judgements without having to lose your savings.

It’s important to protect yourself and your assets from lawsuits that can wipe out everything you own. Below are some examples of what umbrella policies cover.

  • Home ownership
  • Vacation homes
  • Waterfront property
  • Vacant land
  • Luxury Automobiles
  • Motorcycles, recreational vehicles, and watercraft
Umbrella Insurance New Jersey; Umbrella Insurance NJ

Commercial Umbrella Insurance Quotes

Why is umbrella commercial insurance important?

Business owners who purchase commercial umbrella insurance New Jersey usually need it to fulfill a contract that requests higher than standard policy limitations offered by an insurer.

Commercial umbrella insurance New Jersey provides extra liability coverage in the case of expensive lawsuits. Business umbrella insurance can help you pay for the difference if, for example, your general liability policy is maxed out due to a lawsuit.

Commercial Auto Insurance or Hired and Non-Owned Automobile (HNOA), insurance commercial umbrella insurance will increase coverage by $1 million for all (or any) of these policies. An insurer may require that you carry a minimum amount of liability coverage before you can buy umbrella insurance.

What is the cost of commercial umbrella insurance?

Customers of InsureDirect can get a discount. Commercial umbrella insurance New Jersey costs an average of $75 per month For every $1,000,000 of additional coverage.

Several factors affect umbrella policy costs, including:

  • Risks in the industry
  • Limits on coverage
  • Location
  • Number of employees
  • Number of Vehicles

Commercial Umbrella Insurance Quotes

What is Excess Liability and Umbrella Coverage?

Your umbrella policy will cover any remaining amount if someone is injured on your property, and the medical costs exceed your liability limits. This can be up to $1,000,000 or the limit you have set. If you were at fault in a car accident, and your policy’s liability limits did not cover the damages or injuries caused by the accident, the umbrella policy would pay the remaining balance up to $1 million. You can be sure that your home, savings and future earnings are protected with umbrella liability insurance.

Commercial Umbrella Insurance Quotes

Umbrella Liability Insurance vs. Excess Liability Insurance

Although umbrella insurance and excess insurance are often used interchangeably, they are not the same. Umbrella insurance policies do not just increase your liability limits, they also cover situations that are beyond the traditional coverages. Excess liability coverage, on the other hand, will only cover what’s included in your existing policies.

New Jersey Umbrella Insurance Company

InsureDirect is a company offering umbrella insurance New Jersey. Umbrella insurance provides an additional layer of liability coverage beyond what is available through standard policies such as homeowners, auto, or watercraft insurance. This type of policy is designed to protect you from extensive liability claims and lawsuits that could exceed the limits of your primary insurance policies.

Umbrella policies typically offer coverage starting at $1 million and can go up to several million dollars, depending on your needs. They cover a range of incidents, including bodily injury, property damage, and personal liability cases like libel or slander. The coverage extends worldwide, providing protection even when you are traveling abroad.

Umbrella Insurance Agencies

InsureDirect is a well-established insurance agency that offers a wide range of coverage options, including umbrella insurance New Jersey. This type of insurance provides additional liability coverage beyond the limits of standard policies such as auto, home, and business insurance. It is designed to protect your assets and future earnings from major claims and lawsuits that exceed the limits of your primary insurance policies. 

For more detailed information about our umbrella insurance policies and to get a quote, you can visit our website or contact them directly at (800) 807-0762.

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