Personal Umbrella Insurance

In the event of a catastrophic liability loss, we can provide you with additional Liability insurance to step in when the primary limits under your Auto or Homeowners insurance are exhausted. This is particularly critical for business owners who have significant assets personally and in their firm.

Why Purchase an Umbrella Policy?

Umbrella insurance is a smart choice for anyone who has assets and/or is earning a salary. You will be protected if:

  • An individual is injured on your property and sues you. An Umbrella policy will not only cover the cost of any medical bills, it will also pay for your legal defense and settlement if the costs add up to more than the liability coverage on your Homeowners policy.

  • You are involved in a car accident where the other party is injured and you are found responsible. After your Auto insurance is maxed out, an Umbrella policy covers the rest up to the policy limits.

  • You are sued for slander or libel or other types of lawsuits not covered by your Homeowners or Auto insurance. Think about it: in today’s social media environment, your risk of being sued for defamation or other personal injury is increasing. An Umbrella policy would cover the legal costs and settlement. Even if you win the suit, out-of-pocket legal costs can mount quickly.

How Does an Umbrella Policy Work?

Umbrella insurance operates in concert with your primary Liability coverages in your Homeowners, Renters, Condo, and Auto insurance, giving you an extra layer of insurance coverage. If, for example, there is a $100,000 liability limit on your Auto policy, and you purchase a $1 million Umbrella insurance policy, you would have $1.1 million in Liability coverage.

We’re Ready to Help

We’re here to take care of your insurance needs and protect you from risk, and looking forward to hearing from you.  Contact us today to go over your insurance program.