Personal Umbrella Insurance
Lawsuits can bring immediate and serious financial pressures, and the strain can put your personal assets at risk. Umbrella insurance offers additional protection beyond the limits of typical liability coverage.
Normal Liability insurance for your home or auto are enough to cover just your assets, but in the event of a major accident or mishap on your property that could cause you a costly claim above the liability insurance coverage you have on you home and auto.
More Than Just Liability
An Umbrella Insurance policy can help cover legal fees, settlement costs, and other expenses for covered losses, as well as coverage for situations not contemplated by your underlying policy, such as libel and slander.
With commercial umbrella insurance and personal umbrella insurance, you’ll sleep better knowing you’re protected in the event a covered lawsuit is filed against you. It’s a smart, easy way to protect your wealth, your family and your future. Best of all, you might be surprised by how affordable an umbrella policy can be.
A ‘True Umbrella’ Policy
Many providers offer “excess” policies, which provide coverage past a specified primary insurance limit. While an excess policy increases the amount of coverage available, it does not increase the scope of coverage.