What is Worldwide Coverage Umbrella Insurance?

Residents of Pleasanton, CA, who frequently travel outside the country may want to consider worldwide umbrella insurance in addition to a travel insurance policy. Umbrella insurance that covers international travel can compensate for incidents your travel insurance won’t cover. Moreover, it offers additional compensation when you reach the limits of your travel insurance.

What Does Worldwide Coverage Umbrella Insurance Cover?

Worldwide coverage umbrella insurance offers the same coverage levels as a regular umbrella insurance policy. The only difference is that worldwide coverage is valid no matter where an accident or damage occurs. If you’re traveling abroad for any reason, you can rely on this form of coverage to provide compensation for covered events. For instance, if you’re boating in the Caribbean and cause an accident, worldwide umbrella insurance will cover legal and settlement costs if the injured party decides to take you to court. If you travel for business and are accused of defaming a foreign competitor, worldwide umbrella coverage will pay legal, settlement, and judgment fees.

However, worldwide umbrella coverage doesn’t compensate for injuries you incur while abroad or at home. It won’t cover the deliberate or accidental damage you cause to your property. It also doesn’t cover damage already covered by another insurance policy.

Learn More About Worldwide Coverage Umbrella Insurance from Miao Insurance Services

Miao Insurance Services is an independent insurance agency serving Pleasanton, CA, and the surrounding area. We offer policies from multiple carriers to make it easy for you to find the insurance policy or policy bundle that meets your exact needs. Contact us to learn more about your umbrella insurance options or to get a quote on your choice of insurance coverage.