Personal Umbrella Insurance
You've worked hard to build your family, home and retirement-- so adequately protect them from unexpected liability claims. An umbrella policy (or “excess liability”) is a special policy that kicks in once your primary insurance coverage runs out—whether it’s your homeowner’s insurance, car insurance, or boat insurance. It’s a lot of protection for a little cost, and it could save you thousands.
Picture these scenarios:
- Your neighbor slips in your yard and successfully sues you for $2 million. But your homeowners insurance tops out at $500,000.
- Your teenager is at fault in a major car accident, harming several people and causing damage well in excess of your $300,000 car insurance coverage limits.
- Your dog bites and seriously injures a child. You are liable for the extensive medical expenses.
These are just a few unfortunate situations in which a personal umbrella policy could come to the rescue by providing additional coverage up to the limits of your umbrella policy. Umbrella policies also provide coverage for claims that may be excluded by other liability policies including: false arrest, libel, slander, and liability coverage on rental units you own.
And don’t worry—it’s not bad luck to open an umbrella policy indoors.
To get a free quote, either complete our online insurance quote request form or call us at 800-922-8381.