What is personal umbrella insurance?
Personal umbrella insurance provides coverage beyond your homeowner and auto policy by adding an extra layer of liability coverage. Coverage is provided in amounts of $1,000,000 increments. Umbrella insurance might also cover situations that may not be covered by another policy, such as slander or libel. You should seriously consider purchasing a personal umbrella or excess liability policy; if you have a home and a job, any personal assets or the stream of income from a job, you have a lot to lose.
The umbrella policy coverage starts when your existing coverage runs out, up to limit of the umbrella policy purchased. It is very important to get this right; large lawsuits are one of the real threats to your home and other assets. Umbrella or personal excess insurance is inexpensive compared to the amount of coverage it provides but puts a strong shield between you and lawsuits. For questions on personal umbrella insurance in New Jersey, New York, and Pennsylvania, call us on 1-800-548-2329 or ask for a quote through the button on this page.
Do you carpool several people to work or kids to school? Do you volunteer for non-profit causes? Are your home and investments worth keeping? Low liability limits threaten you; a personal umbrella can protect you.
Personal Umbrella Protection can cover:
- Operating most motor vehicles, including cars, RV’s, motorcycles, pickup trucks, and most watercraft
- Lawsuits involving property covered by your basic homeowners policy.
- Incidents alleging slander, libel, defamation of character, invasion of privacy, even false arrest.
- Business liability coverage is provided if covered by your basic homeowners policy.
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