If you are like most people, you have insurance to protect yourself in case of an accident. But what happens if that accident is someone else’s fault and your regular insurance doesn’t cover all the damages?

That’s where umbrella insurance comes in. Umbrella insurance is a type of supplemental coverage that can help protect you from financial losses after an accident. So, does umbrella insurance cover car accidents? The answer is yes, but there are some things you need to know first. Read on to learn more!

Types of Umbrella Insurance

When it comes to umbrella insurance, there are two types of coverage: personal liability and property damage. Personal liability coverage can help protect you from lawsuits if you’re found at fault for an accident. Property damage coverage can help pay for repairs to your car or the other person’s car if you’re found at fault.

Most umbrella policies have a limit of $500,000 or more in coverage. That means if you’re found at fault for an accident, and the damages exceed $500,000, your policy will cover the rest.

What Does Umbrella Insurance Cover?

Umbrella insurance can cover a variety of accidents, including car accidents. If you’re found at fault for an accident, your umbrella policy can help pay for the other person’s medical bills, car repairs, and more. Moreover, if you’re sued, your umbrella policy can help pay for your legal fees.

It’s important to note that umbrella insurance does not cover every type of accident. For example, it will not cover accidents caused by weather or that result in property damage only. To learn more about what your policy covers in Lynchburg, VA and surrounding areas, speak with an insurance agent from Parr Insurance Services.

Give Us A Call

If you are looking for extra protection after an accident, umbrella insurance may be a good option for you. To learn more about this type of coverage and whether it’s right for you, contact Parr Insurance Services today. Our team in Lynchburg, VA is here to help.