Some insurance claims can seem unbelievable. A personal umbrella policy adds a crucial layer of asset protection above your insurance policy limits for accidents and claims that go beyond your wildest imagination. For example…

  • Your teenage daughter is babysitting the neighbor kids and leaves the house for a moment to run to the store. When she returns, one of the children is badly injured and requires surgery. The child’s medical bills exceed $300,000. The parents of the children sue you to cover the medical bills.
  • Your 17year old child decides to pick up some friends and go “cruising” in your car. He loses control of the vehicle while showing off how fast the minivan is. Each child is critically injured. Your umbrella policy helps cover the medical bills.

Not all claims are avoidable, that is why you purchase insurance. When things go wrong, it’s important to have a knowledgeable agent to help make things right.The above scenarios are real-life stories that could happen to anyone; you don’t need to have a lot of money to get sued. **Having an umbrella policy could prevent and limit out of pocket expenses. Rates are usually affordable and well worth the cost. **

**If you already have umbrella coverage, it’s always a good idea to review your policy with your broker. **