Personal Umbrella Insurance
Personal Umbrella Insurance Information
Liability insurance is your safety net when you are suddenly liable for another person’s bodily injury or loss of property. But imagine a scenario in which a judgment against you exceeds you coverage. You are still liable, but how will you pay. You could have your assets liquidated and future earnings levied. Or, you could turn to Quoteasy for the back-up protection available with umbrella insurance.
Accidents happen to unsuspecting people every day. Even the most upstanding citizen can find himself at the center of an ugly lawsuit that threatens to steal his livelihood and everything he has worked so hard to achieve. In fact, the more successful you are, the more likely you are to be sued beyond your liability insurance limits. Bigger assets can put dollar signs in the eyes of the plaintiff – all the while wiping out your bank account.
Don’t let the shadow of the unknown intimidate your future. Umbrella insurance is a smart and affordable way of protecting yourself from judgments, court fees, and legal defense costs.
What is Umbrella Liability Insurance?
Umbrella liability insurance is protection that kicks in when your standard liability limits are exhausted. For example, a $1 million judgment against you for a traffic collision would be paid by your auto insurance first. But if you have a $500,000 limit on your coverage, you will see a bill for the remaining half million dollars. Instead of selling everything you have and emptying your investment accounts, your umbrella liability insurance would pay the difference up to your coverage limit.
If you have a job and are capable of earning money in the future, you need umbrella insurance. Even if you have no assets, your future earnings are at risk without enough coverage. At Quoteasy Insurance, we can help you determine how much additional protection you need and provide you with a free, no-obligation quote for additional coverage.
Why purchase an umbrella insurance policy from Quoteasy?
Complete the Protection Saving Form on this page today for your free, no-obligation umbrella insurance quote from Quoteasy.
- Regardless of the circumstances surrounding a case, it is impossible to know whether a jury would rule in your favor or put you on the hook for hundreds of thousands of dollars.
- Without umbrella liability insurance, a single accident could ruin your financial life and threaten your children's inheritance.
- Umbrella insurance is highly affordable -- a small cost to pay for big peace of mind