Personal Umbrella Policy Salisbury MD
“Could a lawsuit jeopardize your lifestyle?” Accidents happen and lawsuits sometimes follow. Of course, your auto and home insurance helps protect you up to your policy limits if you have a covered loss. But what if your legal liability exceeds your policy limits? Or someone sues you for a claim that’s not covered by your other policies?
That’s where a personal umbrella policy can help.
More protection in more places.
An Personal Umbrella Policy (PUP) works with your existing liability coverage to give you additional protection.
Additional Protection; Auto and Homeowners policies don’t cover certain types of incidents, like those alleging slander. But a personal umbrella policy does as well as a variety of claims not covered by other policies.
Your coverage goes with you; You’re protected no matter where you are even when you’re out of the country.
You won’t have to go to court alone; If you’re sued over a covered incident, your insurance company will retain and pay for an attorney to represent you.
The insurance company pays on your behalf; If you have a covered claim, you won’t have to pay out of your own pocket first.
You’ll be reimbursed for lost wages; You’ll be reimbursed when you have to miss work to appear in court, up to the limits your policy specifies.
Is a PUP right for you?
Do you have a home, a boat, savings or investments? All this and more could potentially be at risk if you’re sued.
You may also want to consider a PUP if you have a young driver in your household, volunteer in the community, or bear an increased risk of liability for any other reason.
Choose a limit to suit your needs and budget.
Kiefer & Colbourne Insurance offers a range of coverage amounts in $ 1 million increments, up to a maximum limit of $ 5 million. And all this extra protection won’t break your budget. We can help you decide how much coverage is right for you.