Protecting You On The Road

Life can change in an instant, and a personal umbrella insurance policy is designed to protect you against unexpected events that could impact your family, finances, and future.

Consider this: If you were found negligent or liable for someone else’s bodily injury or death, would your current insurance be sufficient to protect your assets? An umbrella policy provides an extra layer of liability coverage beyond the limits of your primary insurance policies, such as auto, home, or renters insurance.

Here's how umbrella insurance works:

• Additional Coverage: It offers extra liability limits when the coverage of your underlying policies (like auto or home insurance) is exhausted due to claims.
• Extended Protection: It covers claims that exceed the limits of your primary insurance or fill gaps where primary insurance may not apply.
• Additional Claims Coverage: It provides protection against some claims that might not be covered by your home, auto, or other underlying policies.

Typically, adding $1,000,000 of liability coverage through an umbrella policy costs between $200-$400 per year, depending on the number of homes, cars, and drivers you have.

Umbrella insurance extends coverage to you, your spouse, and all family members living in your household, anywhere in the world, and it also covers legal defense fees. However, it doesn’t replace your primary insurance policies but supplements them. To qualify for umbrella insurance, you must maintain specific minimum liability limits on your underlying policies.

This type of insurance is particularly valuable for individuals with significant assets, as it helps protect those assets from being used to satisfy legal judgments. It provides peace of mind and additional security in the event of a major liability claim.