Investing in enough liability insurance to cover your risks is critical to safeguarding your assets. In some situations, standard liability insurance does not offer enough protection. That is when investing in additional protection can be beneficial. That applies to cases of slander risk.

If you are in the market for umbrella insurance in or around Mount Prospect, IL, put your trust in our team at Com-Co Insurance Agency Inc. We will help you choose a policy that best suits your needs.

Will Umbrella Insurance Cover Claims of Slander?

The investment in personal umbrella insurance provides protection from numerous types of claims made against you. That includes slander, defamation of character, and libel. It is important to know that most policies have some exclusions. For example, a personal umbrella policy would not cover intentional acts that cause such claims against you. A personal umbrella insurance policy also does not always provide protection for business-related claims. Also, the policy must be in force prior to the slandering event, meaning before the comment was said or written.

Umbrella Insurance Can Offer Significant Protections

In situations where someone claims you slandered them, umbrella insurance policies may help you minimize risks, including defending you against such claims and paying settlements awarded to others through the legal process. Having the help of your insurance company can be critical in these sometimes-high-risk events. If someone accuses you, contact your insurance company immediately for help in getting the support you need to dispute and defend against such claims.

Let Us Provide You with the Protection You Need

As you take the time to consider what type of coverage you need, let our team at Com-Co Insurance Agency Inc help you. We offer comprehensive umbrella insurance in and around Mount Prospect, IL to meet your needs. Request a quote for coverage now.