You don’t have to be a millionaire to be sued like one. A personal umbrella policy is an extremely important part of an insurance and risk management program. A bad auto accident, a delivery person tripping over toys left out in the yard, a neighborhood child drowning in your pool, or being injured on your trampoline. These are all very common liability claims that home and auto liability limits are often insufficient to cover. An umbrella policy, commonly known as an excess liability policy, steps in when you have exhausted all other liability policies such as your home, auto, watercraft, and recreational vehicle policies. Umbrella policies can be very inexpensive and provide peace of mind against liability claims.
Do you own property?
Do you have any savings or assets?
Do you serve as a volunteer on a nonprofit board?
Have you or your family members had several auto accidents?
Do you coach youth sports or volunteer in youth events?
Are you a landlord?
Do you participate in sports where others could be injured (skiing, surfing, hunting, etc.)?
If you answered “YES” to any of these, you are at a greater risk of needing umbrella insurance.
High Net Worth Insurance
As a high net worth individual, this coverage is vital to protecting your assets. Standard umbrella policies often do not provide enough coverage for your unique needs. Contact us today to safeguard your assets and receive peace of mind.