Why A Personal Umbrella Policy Is Right For You

When auto, renters’ or home insurance isn’t enough, a Personal Umbrella Policy has you covered. The Personal Umbrella Policy was designed to provide coverage in the event of a catastrophic claim, lawsuit or judgment.

What An Umbrella Policy Covers

Personal umbrella policies provide excess liability insurance over your basic primary policies, such as your home insurance, personal auto and boaters policies. Coverage is provided on a worldwide basis for the entire family and the policy pays only after the limits of the underlying primary policies are exhausted. It’s important to note that Personal Umbrella policies vary between insurance companies and the actual coverage forms should always be reviewed.

You May Need An Umbrella Policy If You:

  • Own a rental property
  • Own a Boat, RV or ATV
  • Have a high net worth
  • Own a business
  • Have teen drivers
  • Own a swimming pool, trampoline, or swing-set

In addition, a umbrella policy may cover things like volunteer activities, statements made online, and certain business activities that a homeowner’s or auto policy might not cover.

Have questions about umbrella coverage? The professionals at Turner, Wood & Smith can help – more than 100 years of success proves it. Contact one of our dedicated agents to get your questions answered.