Category: Umbrella Insurance

SouthCoast Health Internet and Phone Services Down

In July 2023, SouthCoast Health experienced a notable interruption in their phone and Internet services that lasted for a considerable two weeks. This unfortunate occurrence led to considerable frustration among customers. Booking appointments became a cumbersome task, and to add to the dissatisfaction, many scheduled appointments had to be canceled.

Potential for Data Breach

Apropos of disasters, news of a data breach surfaced a month following the service interruption. No business or individual likes such a circumstance, as was evident from the tense atmosphere surrounding the Savannah area, a mere 25 minutes away from one of the SouthCoast Health locations in Pooler, GA.

Cyberattack at Community Health Services

Within the same year, a blow to their reputation appeared to come in the form of an attack by Russian cyber criminals on the Department of Community Health Services. Although the Community Health Services are located further from Pooler, the effects were no less real. The infection spread to multiple U.S. agencies, bringing home the reality of what cybercrime can affect.

The Demand for Effective Protection

In light of such incidents, it is abundantly clear that no level of protection is excessive when preventing concurrent and future security breaches. This is fundamentally important, especially with patient lives and data at potential risk. At Covenant Insurance, we extend our hand and our services, urging businesses and individuals to put in place foolproof safeguards to prevent company hackers from taking advantage of any vulnerabilities.

Reputation and Cyberattack

Your reputation stands as a testament to your professionalism and reliability and is, therefore, a key factor in drawing in and retaining customers. However, the possibility remains that reputation could take a nosedive following a publicized breach. Thus, it is vital to stay on guard and prioritize data protection.

Beyond Financial Hardship

When a breach affects more than just financial standing, the consequent events can lead to unpleasant outcomes, such as lawsuits filed by distressed parties. Under normal circumstances, business liability insurance may not aid in recovering all costs related to a major healthcare privacy violation. This is where the highest umbrella insurance level comes in, offering a financial cushion and much-needed peace of mind during such crises.

Business Umbrella Insurance

Having business umbrella insurance is not just advisable but necessary, especially in a healthcare field with high demands for data security. The coverage is meant to mirror your asset value as closely as possible without overlooking related legal costs. Contact Covenant Insurance in Pooler, GA, today, and we will guide you through the necessary steps to safeguard your company from unforeseen cyberattacks.

Umbrella insurance gives you extra coverage on top of some of the insurance policies you already have. It works with auto and home insurance policies, increasing the amount of coverage that they give you. When you have home and auto insurance and want to be better covered, umbrella insurance may be the best choice for you. It’s a cost-effective type of insurance that comes with an enormous amount of coverage. When you’re interested in this insurance type, give us a call at Covenant Insurance in Pooler, GA.

More Liability Coverage

Your auto and home insurance policies each come with different coverage types, and one of these is your coverage against liability. These policies often have a small amount of this coverage, and this can leave you vulnerable. If you were to have a serious accident in which one or more people were injured, these policies may not have enough liability coverage to cover it all. However, getting umbrella insurance changes that. It gives you more liability coverage for both of these policies. Getting umbrella insurance costs far less than directly adding coverage to your home and auto policies. 

How the Coverage Works

If there’s been a serious accident with your vehicle or on your property and someone is injured, your home or auto policy will be enacted. This policy will pay as much as it can toward the medical bills and other costs associated with the accident. If there are bills left over to pay, that’s where your umbrella policy comes in. It pays those overages and protects you against what could be severe financial damage. With their very high maximums, these policies can pay for even very serious accidents. 

Get Umbrella Insurance

When you’re looking for better protection against liability, call us at Covenant Insurance in Pooler, GA to find out more. 

Umbrella insurance is an additional layer of protection that can be added to your home and auto insurance policies in Pooler, GA.  But what does umbrella insurance actually cover? Are there any exceptions to what it covers?  Covenant Insurance has answers to all your insurance questions.

What Does Umbrella Insurance Cover?

Umbrella insurance covers you for liability claims that exceed the coverage limits of your home and auto insurance policies. If you are sued or held liable for an accident beyond what your auto or home insurance policy covers, umbrella insurance kicks to help protect your assets, including your home, savings, and investment portfolio. For example, if you are held responsible for $150,000 in damages for a car accident, your auto insurance only pays $100,000. Umbrella insurance would help with the additional $50,000.

Umbrella insurance can also cover you for certain claims that are not covered by your home and auto insurance policies. For example, umbrella insurance can provide defamation, libel, and slander coverage. It can also provide coverage for certain intentional acts that result in bodily injury or property damage. 

Are There Any Exceptions? 

Umbrella insurance is a great way to get extra protection against liability claims. However, there are some exceptions to what umbrella insurance covers, such as business-related claims and claims arising from illegal activities. Additionally, umbrella insurance typically has lower coverage limits for certain types of claims, such as workplace injuries or car accidents involving uninsured or underinsured motorists. But overall, umbrella insurance is valuable to your home and auto insurance policies.

Contact Us Today

If you are in Pooler, GA community, contact Covenant Insurance today, and we can answer any questions you have about umbrella insurance. We are here to help.