Provides additional liability insurance above and beyond your auto, home, landlord and other personal lines insurance policies.

You have worked hard all of your life, you have a great career that generates a decent income, you are saving money for retirement and you might even have a few toys like that new boat you and your family enjoy on the lake.

What many people don’t realize is that auto insurance or home insurance liability coverages may not provide enough coverage. What happens if you are responsible for seriously injuring an individual in an auto accident or a boating accident? What happens if you have a dinner party and one of your guests leaves your home intoxicated and causes an accident? What happens if someone were to drown in your pool?

In any of these situations an umbrella policy would provide a minimum of an additional 1,000,000 in liability coverage on top of your other personal lines insurance policies.

For example, let’s say you take your dog for a walk and suddenly he bites one of your neighbors. As a result, your neighbor and his attorney have won a $800,000 judgement against you. Your homeowner’s insurance policy only covers $300,000 of the $700,000 judgement.

At that point your umbrella policy would provide an additional amount of insurance above and beyond the underlying policy, which in this case is $500,000.

The simple fact is an umbrella policy is the best value in the insurance industry and is highly recommended. We often tell our clients “You don’t have to be a millionaire to be sued like one”.