Protecting You On The Road

Life can change in an instant. A personal umbrella insurance policy helps protect you against the unexpected events that can wreak havoc on your family, finances, and your future. 

If you were found negligent or liable for someone else’s bodily injury or death, would you have enough insurance to protect your assets? 

Umbrella insurance is a type of liability insurance that provides additional coverage beyond the limits of your primary insurance policies, such as auto, home, or renters insurance. It is designed to protect you financially in case you are held responsible for an event that results in significant damages or injuries. The cost to add $1,000,000 of liability above your home & auto liability coverage averages from $100-$300/year, depending on the number of homes, cars and drivers. 

The umbrella policy serves three purposes: it provides additional limits when the limits of underlying liability policies are exhausted by the payment of claims; it opens up and covers beyond where the underlying policy leaves off when the limit of the underlying policy in question is exhausted by the payment of claims; and it provides protection against some claims not covered by the underlying policies. 

An umbrella insurance policy also pays some claims not covered by your home, auto, or other underlying insurance. The policy covers not just you, but your spouse and all family members living in your household, anywhere in the world. Legal defense fees are also paid. 

It's important to note that umbrella insurance doesn't replace your primary insurance policies. Instead, it supplements them. To qualify for umbrella insurance, you will need to maintain specific minimum liability limits on your underlying policies, such as auto and homeowners insurance.

Umbrella insurance is especially important for individuals with significant assets to protect, as it can shield their assets from being used to satisfy legal judgments. It provides peace of mind and additional security in the event of a catastrophic liability claim.