When you dedicate your time to coaching youth sports or volunteering in your community, you’re making a positive impact that extends far beyond yourself. At Shavano Insurance Agency LLC, serving San Antonio, TX, we understand that community leaders like you need comprehensive protection that matches their commitment to others.
The Hidden Risks of Giving Back
Volunteering and coaching come with unique liability exposures that many people don’t consider. Whether you’re organizing a charity event, coaching a little league team, or leading a community fundraiser, accidents can happen. A child gets injured during practice, someone trips at an event you organized, or property gets damaged during a volunteer activity. These situations can result in lawsuits that quickly exceed the limits of standard homeowners or auto insurance policies.
Why Standard Coverage Falls Short
Most homeowners insurance policies provide only $300,000 to $500,000 in liability coverage. While this might seem substantial, a serious injury claim can easily surpass these limits. Legal fees alone can consume a significant portion of your coverage before any settlement is reached. Medical bills, lost wages, and pain and suffering awards can push total costs well into the millions.
Umbrella Insurance: Your Safety Net
Umbrella insurance provides an additional layer of protection, typically starting at $1 million in coverage. This extra protection kicks in when your underlying policies reach their limits, ensuring that a single incident doesn’t devastate your financial future. The peace of mind this provides lets you focus on what matters most: serving your community.
For community volunteers and coaches in San Antonio, TX, umbrella insurance isn’t just smart financial planning with Shavano Insurance Agency LLC; it’s essential protection that allows you to give back without putting everything at risk.
