A personal umbrella insurance policy is a layer of coverage above your auto, homeowners and business coverage to protect your business or personal estate in the event of a catastrophic claim. It should start low enough to avoid gaps with underlying coverage and be high enough to protect your business or estate, or at least to reduce your exposure to an acceptable risk. Some reasons to acquire umbrella coverage include pools, ponds or trampolines on your property; serving on charitable or other boards; owning and renting properties or horses; and consulting, owning or investing in small businesses that you do not control.
If you have questions or problems relating to personal umbrella policies or other insurance issues, please contact us.
