6925 Lake Ellenor Dr. Suite 136 - Orlando (Fl. )
Personal Umbrella Insurance
Personal Umbrella Insurance is a specialized form of personal liability coverage designed to provide additional financial protection beyond the limits of your standard homeowners, auto, or watercraft insurance policies. It covers claims that exceed the coverage provided by these regular policies.
Why would you want umbrella insurance?
Personal umbrella policies offer additional protection that can prove invaluable in certain situations. Consider this scenario: You’re responsible for an accident that results in injuries to another driver. While your auto insurance provides liability coverage, it’s limited to a certain amount, let’s say $250,000. However, the injured party has a high-paying job and is unable to work for six months due to their injuries. As a result, they’re seeking damages of $1 million in a lawsuit against you. With your car insurance only covering up to $250,000, a personal umbrella policy can step in to bridge the gap and cover the remaining amount, up to the limits of your policy.
¿What is covered with umbrella insurance?
Quoteasy Personal Umbrella Policies cover a wide range of losses, including damages arising out of a covered occurrence anywhere that you are legally obligated to pay because of:
Bodily Injury
Medical costs, loss of income and funeral expenses of other people involved in an accident.
Personal Injury
False arrest, invasion of privacy, libel, slander, humiliation of another person’s character.
Property Damage
Physical destruction of someone else's property, including the resulting loss of its use.
Explore these real-life scenarios where Personal Umbrella Policies (PUP) can make a difference:
A visitor sustains an injury near your pool area, necessitating surgical intervention.
Serious injuries result from an accident on your swing set.
You’re burning leaves and cause a fire that damages neighborhood homes.
Your dog bites someone and you are sued for the damages.
You are sailing with your family and you accidentally hit another boat and one of the people suffers an injury.
CUSTOMIZED INSURANCE SOLUTIONS
