Personal Umbrella Insurance
What is personal umbrella insurance?
Umbrella insurance is extra coverage that provides protection beyond existing limits and coverages of other policies. It provides an additional layer of security to those who are at risk of being sued for damages to other people’s property or injuries caused to others in an accident. It also protects against:
- Invasion of privacy
Do I need personal umbrella coverage?
Although you still need standard insurance policies such as homeowners and auto, your umbrella coverage will take effect beyond the capabilities of those policies. It can act as a failsafe in the event that your standard policies don’t cover you completely.
Personal umbrella policies are most useful to individuals who:
- Have a high net worth
- Own many, or very expensive, assets
- Are at significant risk of being sued (such as doctors or landlords)
- Possess potentially hazardous assets
At State Wide CT, our agents will work with you to determine what level of coverage you need, and find the best personal umbrella insurance policy to fit your unique needs.