Personal Umbrella Policies

Umbrella liability insurance is named because it acts like an “umbrella” sitting on top of your auto and homeowners liability policies to provide you with extra protection. Even if you do not own a home, you still need renters insurance to cover both your liability and personal liability. An umbrella policy is excess liability coverage over and above what is covered by basic homeowners and automobile insurance. An umbrella policy picks up where your auto and homeowners insurance leaves off.

Why do you need it?

Lawsuits are very pervasive in today’s world. When it comes to personal liability exposure, one must expect the unexpected. If someone were to get injured on your property they can sue you through your homeowners insurance. If the amount they win is more than what your policy will cover, you could be expected to pay this extra expense out of pocket or have a lien attached to your home. An umbrella policy can offer you that extra coverage you will need when an accident occurs. Lawsuits today are unpredictable and expensive.

If you would like to learn more contact us.