Protect your assets with an extra layer of personal umbrella insurance coverageYou’ve insured your car and your home. But if the unexpected should occur, are you sufficiently protected? A personal umbrella insurance policy offers an extra layer of protection for your assets if there’s a serious auto accident or accident on your property. Otherwise, you could be liable for more than your current auto or home owners coverage. So get a personal umbrella insurance policy that fits your needs.
How personal umbrella insurance coverage worksConsider this scenario: Your home insurance provides $700,000 of liability coverage A serious accident occurs on your property, and you’re sued for $1.7 million The gap in your coverage is $1 million – placing your home, wages and investments at risk With an additional $2 million in umbrella insurance, your assets are protected.
What assets do you need to protect with umbrella insurance?Personal umbrella insurance helps protect your: