Your Personal Umbrella Policy: What’s covered and what’s not?
Offering protection from life’s unexpected storms. Get your questions answered here.
A Personal Umbrella policy kicks in once your basic liability policy limits have been exhausted, or if the claim is excluded from your basic policy. Once the limits of your Personal Umbrella Policy are exhausted, you’re responsible to pay the remainder of the claim out of pocket.
Yes. A Personal Umbrella policy will defend you, even from a frivolous lawsuit.
- Legal defense fees
- Attorney fees
- Monetary judgments/settlements
- Medical bills, including therapies
- Lost wages for the injured
- International Coverage
- Injury to the insured. A Personal Umbrella policy only covers bodily injury or property damage to others, not yourself.
- Intentional acts. If you harm or injure someone intentionally (not including self-defense), the resulting claim will not be covered by a Personal Umbrella policy.
- Business actions. Personal Umbrella policies do not cover you in business, even if you’re the business owner. Instead, business liability policies exist for this purpose, including: Directors and Officers Insurance, Employment Practices Liability Insurance, General Liability Insurance, Professional Liability Insurance and more.
- Bodily injury
- Property damage
- Accidents
- Libel
- Slander
- Defamation of character
- Invasion of Privacy
70%
of umbrella claims are AUTO related - the result of uninsured, underinsured and distracted drivers -- 25% from talking on the phone or texting while driving.
Personal Umbrella Insights
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