When a major lawsuit strikes are you adequately protected? The liability limits of your personal auto and homeowners insurance can typically be limited to $250,000-$500,000 per occurrence or per person (injured). But what if you face a $1million judgement in a courtroom after a terrible accident?
That is where an umbrella liability policy fits into your overall financial protection. For as little $20 a month you can have the peace of mind of a personal umbrella policy, which provides a minimum of $1million in protection above and beyond the limits of your home and auto liability limits. Also, if you own watercraft or other recreational vehicles, your new umbrella policy will cover over them as well.
To protect your assets from unexpected catastrophic legal judgements should you consider a Personal Umbrella policy? Call us today and we will
walk you through the process. We are able to provide these policies in conjunction with your home and auto insurance, or as a stand-alone policy.
Call us today for more information and watch this informative video from RLI Insurance for more information!