Most homeowners, auto and watercraft insurance policies have a limit on the amount of personal liability protection they can provide. They’re designed to insure against the loss of the item – the house, car or boat but not protect you from someone who is injured in your house, car or boat, and decides to sue.
Should an unfortunate accident happen on your property, do you carry enough liability insurance to cover expenses such as the injured person’s medical bills, rehabilitation, lost wages or legal defense fees should the case go to trial? An Umbrella Policy provides crucial, additional layers of liability protection. If the liability limits are exhausted on your home, auto, or other underlying insurance policy, your umbrella insurance policy takes over and provides you with valuable additional protection. Umbrella policies typically start at $1,000,000 in coverage and go up from there. If you want true peace of mind that comes from knowing your assets are protected, discuss an Umbrella Policy with your Burke, Bogart and Brownell insurance expert.