Category: Umbrella Insurance

Here at O’Mahony Insurance Agency LLC, our dedication lies in preserving legacies through comprehensive estate planning, specifically serving Macon, GA and its neighboring communities. Although wills and trusts are fundamental, the often-forgotten umbrella insurance assumes a crucial role in bolstering these strategies. Recognizing its impact, we’ve observed its ability to extend coverage beyond standard policies, safeguarding against unforeseen events such as lawsuits and liability claims.

5 Ways Umbrella Insurance Enhances Your Estate Plan

1. Comprehensive Asset Protection: Beyond standard coverage, umbrella insurance acts as a financial safety net, securing your assets for future generations and safeguarding against potential risks.

2. Future Income Security: It not only protects current assets but shields future earnings. In cases where liabilities surpass primary policy limits, this coverage preserves your wealth, minimizing impacts on your estate.

3. Extended Liability Coverage: Offering an additional layer of protection, umbrella insurance bridges gaps where primary policies fall short, mitigating financial risks and ensuring your legacy remains intact.

4. Tailored Solutions: Understanding the nuances of insurance laws, our team specializes in crafting umbrella insurance solutions tailored to your specific estate planning needs.

5. Proactive Legacy Preservation: Integrating umbrella insurance into your estate plan is a proactive step. Contact us to explore how this coverage fortifies your strategy and offers comprehensive protection for your family’s future.

Secure Your Legacy with Our Agency Today!

Estate planning isn’t solely about wills and trusts; it’s about safeguarding what you’ve built for the future. Let our agency, O’Mahony Insurance Agency LLC, serving Macon, GA and surrounding areas, provide tailored umbrella insurance solutions to secure your legacy and offer peace of mind for generations to come. Contact us today to explore how this coverage fortifies your strategy and offers comprehensive protection for your family’s future.

As a contractor, you know that you need to protect your business against the unexpected, but it can be tough to figure out exactly what type of insurance makes sense for your business. At O’Mahony Insurance Agency LLC, we’re proud to serve Macon, GA area contractors with the coverage necessary to keep your business running.

Umbrella Insurance Considerations

Consideration #1: Contracts

Often, private contractors choose to purchase umbrella insurance because it’s required by a client. This is especially common when working with businesses and large organizations. If one of your contracts requires umbrella insurance, be sure to note the required coverage amount to ensure that you’re staying within the limits of your agreement. 

Consideration #2: Claim Frequency Potential

No matter how safe you work to stay on the job, private contractors are more likely to have to utilize insurance policies due to the nature of your work. Contractors don’t just have to shell out if something goes wrong–you’ll also need to pay for any damage caused by an accident, which can add up quickly. 

Consideration #3: Litigation Likelihood 

Unfortunately, construction can be a tough business when it comes to legal issues, and it’s important to ensure that your business is prepared. Umbrella insurance can work to give you the peace of mind you need to focus on your business without worrying about your insurance coverage.

Consult With Us

As a Macon, GA contractor, it’s key that you have the umbrella insurance coverage that you need to keep your business protected. Reach out to O’Mahony Insurance Agency LLC today to learn how we can provide you with the coverage you need.