It helps protect your assets and provide financial security in the event of a lawsuit or other costly claims. Personal umbrella insurance typically provides liability coverage for events such as:
- Bodily injury
- Property damage
- Libel and slander
- Personal injury
It can also provide coverage for legal costs associated with defending yourself against a liability claim.
Personal umbrella insurance is an important part of any comprehensive insurance portfolio, as it can provide extra protection beyond what your existing policies offer. It can also help protect you from financial loss if a liability claim exceeds the limits of your other policies. Personal umbrella insurance can help give you peace of mind that your assets and income are protected in the event of a costly claim.