Wednesday August 31, 2016
Umbrella Insurance...Does Your Lifestyle Warrant Additional Liability Coverage?
High net worth homeowners need specialty protection for more than just bricks and mortar. You need to protect your personal assets that are at risk from basic limits of liability. A personal umbrella policy provides additional protection in excess of the standard liability limit for homes, condos, cottages, high valued automobiles, pleasure crafts and recreational vehicles. Worldwide protection Your travel schedule takes you far from home for both business and pleasure. An umbrella policy covers your personal activities anywhere in the world Rental Car Protection Some umbrella policies will offer up to 60 days of protection for liability and physical damage for rented automobiles Extensive Coverage Additional insurance protection including:
- Not-for-profit D&O - participation as a Director or Officer of a not-for-profit organization including Condominium Associations
- Uninsured and underinsured motorist - covering the costs you are legally entitled to receive from such motorists
- Costs to investigate and defend legal suits