Personal Umbrella Liability

Currently available in MD, DC, VA and some surrounding areas.

Liability insurance covers you when you or your family members are the cause of the bodily injury or property damage of others. Your Homeowner’s insurance provides a minimum of $100,000 liability coverage, and your Auto insurance typically provides a maximum as low as $50,000 per accident. You may purchase higher of limits of liability coverage for both Homeowner’s and Auto insurance, because the maximum limits available ($500,000) may not be enough protection in today’s litigious society, where million dollar judgments have become the rule.

WHY BUY A PERSONAL UMBRELLA LIABILITY POLICY?

• You would be covered in the event that a judgment against you exceeds your Homeowner’s or Auto insurance limits.
• You would have protection for damages in the case of libel and other situations specifically excluded by your Homeowner’s and Auto insurance.
• Your assets, which could be sold because of an uncovered judgment, would be protected.
• Your earnings, which could be garnished because of an uncovered judgment, would be protected.

PERSONAL UMBRELLA LIABILITY COVERAGES

• Personal injury or property damage caused by you or members of your family, including hazards on your property for which you are liable.
• Personal liability coverage for incidents that occur on or off your premises.
• Additional protection limits above your Auto policy against auto-related liabilities.
• Protection against non-business related personal injury liabilities including slander, libel, wrongful eviction or false arrest.
• Coverage for the legal defense costs of a covered loss.
• Protection world wide—you receive coverage no matter where you go. The only exception is for situations involving foreign ownership of dwellings or cars.

HOW MUCH PERSONAL UMBRELLA COVERAGE DO YOU NEED?
Questions you should ask yourself when considering your coverage needs:

• What are your current earnings, and how much do you expect your earnings to rise?
• What is the value of your current assets?
• What will the value of your future assets be?
• Are you involved in activities that put you at greater risk?
• Are your children teenaged? Do they drive?

Your agent will help you determine the coverage amount that works best for you.

This description of coverage is not an insurance contract. Your policy is the contract that specifies and fully describes your coverage. Conditions and exclusions will apply. Not all coverage described is available in all states.