Should someone make unfounded statements against you, you have a right to defend your character and name against defamation, libel, and slander. Doing so can require substantial financial resources, which is where an umbrella insurance policy from Einstein Insurance in Portland, OR can help.

Defining Defamation

Legally speaking, defamation causes damage to the reputation of another person through false statements that are presented as facts. Should claims be made against you that are untrue, action can be taken against them for damaging your character. To quantify defamation, there are a few requisites.

• The lie cannot be stated as an opinion.
• The accuser knows the statement is false but follows through with saying it negligently.
• The statement is made with a reckless regard for the truth.
• The person making the accusation against you must show malicious intent if you are defending a case against you.

What Are Slander and Libel?

Often used interchangeably, the terms slander and libel are forms of defamation with distinct definitions of their own. Libel involves defamatory statement(s) that have been made in writing or digitally. Slander refers to defamatory statements spoken orally, and this type of claim is challenging to prove without recorded evidence. Both libel and slander can be a part of a defamation case.

How Umbrella Insurance Might Help

Umbrella coverage is an optional type of insurance that can be invaluable should someone attempt to defame your image or brand. Umbrella insurance can help with legal fees and any losses suffered due to the attack. Should a case be brought against you, it can give you coverage for any judgments rendered against you by a judge or jury.

We Are Here To Help

Staying ahead of the game is necessary, especially if your name is essential to your livelihood, well-being, and to those around you. Defamation lawsuits can be time-consuming and costly and may involve lost wages and time spent in court, whether you are bringing the suit or someone is bringing a case against you. To learn more about the value of umbrella policies, contact Einstein Insurance in Portland, OR today.