Worcester Personal Umbrella Policy Info
A personal umbrella policy is a secondary form of insurance that can only be used once your primary policies have been exhausted. Because of this, it is typically a very affordable policy, especially given the value it provides. With this coverage, you have both more and broader coverage that can help pay for legal costs, on-going medical expenses, lost wages, and the other expenses for which you may be liable.
What Can Personal Umbrella Insurance Cover For Me?
As a secondary policy, your umbrella policy typically covers the same situations that your home and auto liability policies cover (although always make sure you check your policy for specifics), such as:
- Injuries and damages sustained in an auto accident
- Injuries sustained on your property due to negligence
- Dog bites
- Personal injury or property damage that occur off your property for which you are responsible
By extending your coverage limits to $1 million, $5 million, or more, even serious incidents may be fully covered under an umbrella policy. Worcester homeowners that have a pool, swing set, trampoline, or other recreational equipment are especially at risk for these high-cost lawsuits, due to the risks associated with these items, making umbrella insurance especially useful.
An umbrella policy may also provide coverage for situations your primary policies do not, such as if you cause damage in another country, or are accused of slander or libel. Your umbrella policy can cover your entire family for the same low premium costs, providing extensive value.