Protect major assets with extra liability coverage
Protecting your personal belongings is always a primary concern for any family. Experts recommend coverage equal to the value of your assets without regard for your debts. This could help you avoid selling your home to pay a judgment if your net worth is your home equity.
Personal Umbrella Coverage Protects You
If someone sues you and gets a judgment that exceeds your liability coverage, your future earnings may also be on the line and could be garnished up to 25%. The Personal Umbrella gives you the protection you need! Umbrella insurance is liability insurance that protects you and your assets from big-ticket lawsuit judgments. The Personal Umbrella policy provides liability protection above your standard homeowner, auto or boat insurance. It may also cover you for claims that are excluded by your other liability policies.
Who Needs Personal Insurance
It's for everyone. That's why we offer easy purchase options. There are three main reasons to purchase an umbrella: increased liability coverage, broader protection than your other policies and drop down coverage. Let’s break these down a bit more. At its purest, an umbrella policy provides an additional limit of insurance above your other policies.
Primary personal policies with coverage
A personal umbrella policy provides an extra layer of protection when you need it most, like in the event of costly liability claims or legal rulings that could cause you and your loved one's financial ruin. But its protection only kicks in if you've reached the limits on your underlying policies, not before.
