Danny Yang
New Member
- 7
Hi folks,
I'm new to insurance and have searched online to acquire some basic understanding of Umbrella policy.
I was approached by my Farmer's Insurance agent about purchasing an Umbrella policy for my property. I think that's a good way to increase liability coverage, and am pretty excited to learn about it. But I have concerns if there are cases that the insurance company won't pay for it when there's a claim against me for example. (maybe I was affected by movies / rumors about how insurance companies trying hard not to pay).
So my questions are:
1. If an accident happens near the property, and the owner is determined to be responsible / at fault, will Umbrella policy guarantee payments? I'm not talking about that the owner of the property intentionally committed a crime or hurting people. But for cases like, uneven sidewalk / driveway so a neighbor fell and hurt himself. Or for example a fallen tree (tree branch) that hit a neighbor, and it's determined to be the property owner's responsibility
2. In general what would be the cases that the Umbrella insurance denies to pay?
Thanks
I'm new to insurance and have searched online to acquire some basic understanding of Umbrella policy.
I was approached by my Farmer's Insurance agent about purchasing an Umbrella policy for my property. I think that's a good way to increase liability coverage, and am pretty excited to learn about it. But I have concerns if there are cases that the insurance company won't pay for it when there's a claim against me for example. (maybe I was affected by movies / rumors about how insurance companies trying hard not to pay).
So my questions are:
1. If an accident happens near the property, and the owner is determined to be responsible / at fault, will Umbrella policy guarantee payments? I'm not talking about that the owner of the property intentionally committed a crime or hurting people. But for cases like, uneven sidewalk / driveway so a neighbor fell and hurt himself. Or for example a fallen tree (tree branch) that hit a neighbor, and it's determined to be the property owner's responsibility
2. In general what would be the cases that the Umbrella insurance denies to pay?
Thanks