Why do I need a personal umbrella policy?

Why do I need a personal umbrella policy?

A personal umbrella policy provides and extra layer of affordable liability protection for your personal assets and future earnings. If you aren’t protected by a personal umbrella policy, you could be putting your house or your financial assets at risk. A personal umbrella policy increases your overall liability coverage beyond the basic coverage provided under your homeowners and auto insurance policies. It is designed to protect you and your family against a catastrophic lawsuit or judgment.

Here is an example of an unexpected event:

In Tennessee, an insured’s teenage daughter was driving her younger brother and best friend when she lost control of the vehicle and hit a telephone pole. The friend permanently lost the use of his left arm and suffered a traumatic brain injury. The claim was settled for more than the insured’s auto policy would cover. Because the insured had a personal umbrella policy, the $1 million dollar settlement was covered.

Ask us about adding this coverage to your portfolio. The application is simple and fast.

What does builders risk cover?

What does builders risk cover?

Distracted Driving

Distracted Driving