Ohio Umbrella Insurance

Ohio Umbrella Insurance is a type of liability insurance that provides extra coverage beyond your primary policies. 

For example, if you cause a car accident that injures another driver and damages their vehicle, your auto insurance may not cover all the expenses. In that case, your Ohio Umbrella insurance can step in and pay the difference, up to your policy limit. 

Another example is if someone slips and falls on your property and sues you for negligence. Your homeowner’s insurance may not be enough to cover the legal fees and settlement. Ohio Umbrella Insurance can provide additional coverage and help you avoid paying out of pocket.



This way, you can avoid paying out of pocket for costly lawsuits and protect your assets from being seized.

We are Bellwether Insurance, a top-rated Ohio umbrella insurance agency that has been serving customers for years. We offer comprehensive coverage options that can protect you from unexpected and costly liability claims. Whether you need personal or commercial umbrella insurance, we can help you find the best plan for your needs and budget. Here are some of the benefits of working with us:

• We have a team of experienced and licensed agents who can guide you through the process of choosing and applying for an umbrella insurance policy.
• We work with multiple reputable insurance carriers who can offer you competitive rates and discounts.
• We provide personalized service and support to our clients. You can reach us anytime by phone, email, or online chat.
• We have a fast and easy claims process. If you ever need to file a claim, we will assist you every step of the way and ensure that you get the compensation you deserve.

As an independent, top-rated Ohio umbrella insurance agency, we are committed to providing you with the best possible service and protection. 

Contact us today to get a free quote and learn more about our umbrella insurance options.

As mentioned above, Umbrella insurance is a type of liability insurance that covers you for damages and legal fees that exceed the limits of your primary policies, such as your home or auto insurance. Umbrella insurance can cover you for several types of liability claims, such as:

• Bodily injury: If you cause an accident that injures someone else, or if someone gets hurt on your property, umbrella insurance can help pay for their medical bills, lost wages, and pain and suffering.
• Property damage: If you damage someone else's property, such as their car, house, or personal belongings, umbrella insurance can help pay for the repair or replacement costs.
• Personal injury: If you are sued for libel, slander, false arrest, invasion of privacy, or malicious prosecution, umbrella insurance can help pay for your legal defense and any settlements or judgments against you.
• Landlord liability: If you own rental properties in Ohio, umbrella insurance can help cover you for any liability claims arising from your tenants or their guests, such as property damage, bodily injury, or discrimination.

Umbrella insurance will provide you with peace of mind and financial security in case of a worst-case scenario.

Here are some considerations to help you decide:

Your Net Worth

The more assets you have, the more you have to lose in a lawsuit. Umbrella insurance can help you protect your net worth from being seized or garnished by a court judgment. A general rule of thumb is to buy enough umbrella insurance to cover your net worth plus any future income you expect to earn.

Your Risk Exposure

The more activities you engage in that could expose you to liability, the more umbrella insurance you may need. For example, if you own a pool, a trampoline, a dog, a boat, or a rental property, you may face higher chances of being sued for injuries or damages caused by these things. Umbrella insurance can help you cover the costs of these potential lawsuits.

Your Existing Coverage Limits

Umbrella insurance kicks in after your primary policies have reached their insurance limits. Therefore, you need to know how much coverage you have on your home, auto, and other policies, and how much they would pay out in a worst-case scenario. You may want to buy enough umbrella insurance to fill the gap between your existing coverage and your potential liability.

Local Laws

Ohio has some specific laws that affect your liability and your umbrella insurance needs. For example, Ohio has a comparative negligence rule, which means that if you are partially at fault for an accident, your liability may be reduced by your percentage of fault. Ohio also has a cap on non-economic damages (such as pain and suffering) in personal injury cases, which limits how much you can be sued for. You need to be aware of these laws and how they affect your potential liability and your umbrella insurance needs.

Your Peace of Mind

Ultimately, umbrella insurance is about giving you peace of mind and protecting you from financial ruin in case of a catastrophic lawsuit. You need to consider how much umbrella insurance would make you feel comfortable and secure in your situation. There is no one-size-fits-all answer to how much umbrella insurance you need; it depends on your personal preferences and circumstances.

One of the best ways to determine how much umbrella insurance you need in Ohio is to talk to an experienced and trusted agent who can assess your situation and recommend the best policy for you. An agent can help you compare quotes from different insurers, explain the terms and conditions of each policy, and answer any questions you may have about umbrella insurance.

In Ohio, you can typically buy umbrella insurance in increments of $1 million, starting from $150 to $300 per year. Overall, the cost of umbrella insurance in Ohio depends on several factors, such as:

• The amount of coverage you want: The more coverage you buy, the higher the premium will be. However, the cost per million dollars of coverage usually decreases as you increase your coverage amount.
• The amount of underlying coverage you have: You need to have a certain amount of liability coverage on your existing policies before you can buy umbrella insurance. For example, you may need to have at least $250,000 per person and $500,000 per accident on your auto policy and $300,000 on your home policy. The higher your underlying coverage limits are, the lower your umbrella insurance premium will be.
• Your personal risk factors: Your umbrella insurance premium may also vary based on your age, driving record, credit score, occupation, hobbies, and lifestyle. For example, if you have a history of accidents or claims, a low credit score, a high-risk occupation or hobby, or own multiple properties or vehicles, you may pay more for umbrella insurance than someone with a lower risk profile.
• The deductible you choose: A deductible is the amount of money you have to pay out of pocket before your umbrella insurance kicks in. Some umbrella policies have no deductible, while others may have a deductible ranging from $500 to $10,000. The higher your deductible is, the lower your premium will be.
• The company you choose: Different insurance companies may offer different rates and discounts for umbrella insurance. You should shop around and compare quotes from multiple insurers to find the best deal for your needs and budget.
• The location of your residence: The cost of umbrella insurance may also vary by city or even by zip code. Some areas may have higher rates of lawsuits or claims than others, which can affect the cost of umbrella insurance.
• The features and options you add: Some umbrella policies may offer additional features and options that can enhance your coverage or convenience. For example, some policies may cover you worldwide, while others may only cover you in the U.S. Some policies may also offer identity theft protection or legal defense costs as part of your coverage. However, these features and options may also increase your premium.

As you can see, there are many factors that affect the cost of umbrella insurance in Ohio. To get an accurate quote for your situation and needs, you should contact your local insurance agent today. They can help you find the right amount and type of umbrella insurance for you and answer any questions you may have about this valuable protection.

Don't let the rain dampen your spirits or your wallet. 

With umbrella insurance from Bellwether Insurance, you can shield yourself and your assets from costly lawsuits. Whether you need more liability coverage for your home, car, or business, we have the right policy for you at the right price. 



Compare Ohio umbrella insurance quotes from top-rated carriers with us and save money today.