- A Personal Umbrella Policy is extra insurance against liability. It protects you or members of your household if you cause harm to another person or their property. Umbrella policies are purchased in addition to home, auto or boat insurance. They cover things like legal fees or settlement costs after your other policy limits have been reached.
- Personal Injury – If you or a member of your family cause physical injury to another person, your umbrella policy will help cover the medical expenses. This is true regardless of when, where or why the injury occurred. This includes car accidents, attractive nuisances (swimming pools, playground equipment, etc.), and injuries incurred on your property.
Property Damage – If you damage someone else’s property, your PUP will cover the cost of the damages and repairs. Whether you total someone’s car, drive your car through a wall, or your kid accidentally damages school property, you’re covered.
Off-Premises Accidents – This covers you if you cause an injury to someone while not on your own property. The most common example would be if you are walking your dog and it bites someone on the street. In this scenario, your PUP would kick in and pay for that person’s expenses.
Property Owners – Whether business or residential, if you own a rental property, a personal umbrella policy is a must. It can protect you if someone is injured on your property or if one tenant injuries another.
Lawsuits Against You –Personal umbrella policies can provide financial assistance with legal fees if you need to defend yourself against slander, libel, false arrest, wrongful evection, defamation or malicious prosecution.
