Why put your nest egg, retirement savings and other hard-earned assets at risk? Umbrella insurance is an affordable layer of protection starting with $1 million in coverage, with additional coverage available if your financial situation changes.
In addition to extending the limits of your auto and homeowners policies, umbrella insurance also covers personal injury claims, including false arrest, libel and wrongful eviction, typically excluded by those policies. Dependent teenage drivers on your auto policy are also covered.
You could lose everything in a lawsuit. Even if your assets are few, umbrella insurance also protects your income; in some settlements, wages can be garnished up to 10 years.
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Premiums per million dollars of coverage will vary based on your unique underwriting circumstances. However, typically the cost per million of coverage will be equivalent to the cost of a nice dinner for your family at a restaurant in town. Umbrella coverage is worth every penny.