You may be covered to an extent, but what if you have a lot to lose if someone decides to sue you? A Personal Umbrella Liability policy is designed to cover you if you should ever experience a large lawsuit or a large accident that exceeds your current coverage.
The policy provides extra protection in three ways:
- Liability Insurance that adds to the limits of your Automobile, Homeowners and Recreational Vehicle or Boat Liability policy limits.
- Coverage for unknown or unexpected exposures that are excluded in typical Auto, Homeowners, Recreational Vehicle or Boat Liability policies.
- Coverage for the cost of your legal defense. This includes court costs, interest on judgments, and premiums on necessary bonds.
