Umbrella Liability policies provide you an additional level of asset protection beyond the coverage offered by your basic insurance polices.
With Umbrella liability insurance you can add another layer of liability coverage to protect you in the event that:
- Injuries are sustained in your home or on your property
- Accidents involve your automobile, boat or recreational vehicle
- Judgments exceed your current coverage
These days, lawsuits are common and judgments can be substantial. The more assets you own, the more vulnerable you are. Legal costs to defend a suit may not be completely covered by basic insurance. That’s why additional coverage through personal excess liability insurance can provide real financial value, as well as priceless peace of mind.
To qualify, you must maintain certain minimum liability limits on your basic auto, home, boat, and recreational vehicle insurance policies.