A personal umbrella insurance policy offers an extra layer of liability protection for your wages, house, investments, cars and boats if you’re in a serious auto accident or there’s an accident on your property. It will give you added peace of mind.
It's important to have sufficient coverage to protect your current assets and future earnings if you’re involved in a serious accident or lawsuit. Otherwise, you could be liable for more than your current auto or homeowners coverage limits. A personal umbrella policy extends the bodily injury and personal damage liability limits of your home or auto policies. Umbrella policies focus primarily on liability claims which are costs you might have to pay out to someone else if you are found liable.