Are your basic insurance liability limits enough to protect your assets and future earnings in the event of a lawsuit?
In record numbers, people are awarded larger judgments than ever before. If you are sued for damages that exceed the liability limits of your car insurance, homeowners insurance or your business insurance, an umbrella policy will help to pay the difference.Certain exposures, such as swimming pools, trampolines, or inexperienced drivers make a very compelling case to add an umbrella policy. This coverage can often be added for a very reasonable price.
Who Needs Umbrella Insurance?
- Landlords
- Business Owners
- People with significant savings or assets
- Owners of high-risk injury items, like pools and trampolines
- People who serve on non-profit boards
- People who participate in certain high-risk injury sports
We highly recommend looking into an Excess Liability (Umbrella) policy.
This type of policy is an extra layer of liability coverage above and beyond your automobile, homeowners, motorcycle, or boat policy. Should you be liable for someone’s injuries or damages, and your primary policy’s limit runs out, an umbrella can offer additional protection.
MemberHaven insurance agents will find you the best umbrella insurance policy to fit your particular situation.
If you are a business owner, our agents will make sure that you have enough coverage to pick up when you exceed the liability limits of your business insurance. As a homeowner, an excess liability policy can give you the peace of mind knowing that if anyone is injured on your property, you have enough liability coverage to keep you out of financial hardship.
