A personal umbrella insurance policy is the ultimate way to protect your assets and your future. It provides extra coverage so you can rest easy in the event of a liability.
But what does that look like in practice? Picture this:
Your new neighbor comes over to greet you and give you a homemade lemon meringue pie. As you open the door to welcome them, your dog bolts outside. They run over to your neighbor and leap up to lick them, causing your neighbor (and the pie) to fall backwards onto the concrete. The fall causes them to fracture their tailbone. They sue your family for medical expenses and emotional damage (for their pie).
What do you do?
As ridiculous as this claim may sound, crazy lawsuits happen all the time. If the case ends up going to court, you could end up having to pay to protect yourself.
That’s where liability insurance steps in; standard homeowners’, renters’, and auto policies include liability insurance to help in cases like these. However, what if that coverage isn’t enough?
Say hello to personal umbrella insurance! In addition to your standard lines of coverage, a personal umbrella policy gives you additional liability protection.
For a small amount of money, you get peace of mind no matter what happens.