A Personal Umbrella Policy provides liability coverage at a much higher limit and goes above and beyond your basic liability policies to protect in the event of claims directly relating to your basic Auto, Home or Renters Polices.
An Umbrella Policy works by covering you in the event of bodily injury or property damages claims in which you are held responsible for, as a result of a tragic accident. In the event of a lawsuit, it will also cover potential legal fees, false arrest, libel and slander and comes in effect after your basic policy liability limits have been reached.
In today’s litigious society an Umbrella Policy should be considered by everyone and can protect against a wide array of potential claims resulting in significant financial losses
Some examples of when an Umbrella Policy should definitely be considered include:
- Own a rental property
- Have young drivers
- Have a pool or trampoline
- Own a dog
For additional information on a Personal Umbrella Coverage Click here or contact our staff to discuss if an Umbrella Policy is right for you.