Personal Liability Insurance in Nova Scotia
Liability insurance covers damages to third parties. In other words, it covers damages to people who are not named on an insurance policy that you may become responsible for..
On the personal insurance side, people typically get liability coverage through their home and auto insurance policies. Imagine if you were sued for $1 million after an auto accident and your insurance only covered $500,000 in damages, it would be up to you pay the difference. This is where umbrella insurance kicks in. It is an extra layer of coverage that provides protection beyond what your home and auto insurance policies provide. Because of the increasing litigious nature of our society, it is becoming more common for individuals to have umbrella coverage.
Normally Personal Umbrellas are provided by the insurance company supplying your home insurance policy. If OTC is your insurance broker we are able to provide you a quote, if not then possibly you would entertain a complete home,auto, umbrella quotation from OTC Insurance Brokers Inc..
The cost of increasing your liability limits for your home and your automobiles is very inexpensive and OTC recommends that you do this. Most insureds have limits of $1,000,000 and this is hardly sufficient if your vehicle were in an accident and you were to seriously injure a professional. The additional cost of increasing your auto liability limit by $1,000,000 will range between $35 and $65 per year per vehicle.
If you are an OTC client please click on the button below and provide the requested information.
Mike S. from Halifax just saved $300 per year on his premiums by moving to OTC InsuranceDecember 10, 2009 continue reading...
OTC Insurance can help to reduce your Commercial Insurance premiums – we recently saved one business HRMDecember 10, 2009 continue reading...
OTC Insurance has saved it client’s 30% (on average) for Home Insurance during December 2009December 10, 2009 continue reading...
Let OTC quote your for your insurance renewals this year and save!January 26, 2010 continue reading...
Nova Scotians injured in a minor car accident are now going to be eligible for more money because the governmeApril 30, 2010 continue reading...
I Wonder How Many People Know About This: A 36 year old female had an accident several weeks ago and totaled hApril 30, 2010 continue reading...
What our Clients are Saying
Being a business owner is worry enough let OTC worry about your insurance. Let their knowledgeable people protect your business while you work your business.
T. B. Watson
If you want knowledgeable people you can trust who will properly protect your company’s assets, you should call OTC Insurance today. With OTC, I’m enjoying more coverage and lower prices.
The Moulding Warehouse
Hammonds Plains NS