Personal Umbrella Insurance

Personal umbrella insurance protects you from having to pay extreme sums of money if a claim or judgment exceeds the limits set by your existing policies. It offers a layer of protection on top of existing policies, such as home or auto insurance.  

What Is Personal Umbrella Insurance? 
If you are deemed responsible for causing bodily injury or property damage, you could face several extreme costs, including legal fees, medical expenses and property damages. While it’s unlikely you’ll experience an incident that will exceed your existing policy limits, personal umbrella insurance is a way to guarantee extra protection and peace of mind.  

A personal umbrella insurance policy typically comes with a $1 million limit, but higher limits are also available. While individual policies may vary, personal umbrella insurance typically offers the following protections: 

• Bodily injury, including medical costs, funeral expenses and lost wages
• Personal injury caused by false arrest, invasion of privacy, libel, humiliation or defamation of character
• Property damage or the destruction of someone else’s property resulting in the loss of use.
• Legal fees in the event that an accident leads to a lawsuit against you or your family 

Who Needs Personal Umbrella Insurance? 
Personal umbrella insurance can benefit anyone. It is designed to protect you and your family and will typically include other relatives or dependents living with you. These policies may be particularly beneficial if the total value of your assets (e.g., checking and savings accounts, home equity, retirement accounts) far exceeds the limits set by your existing insurance policies.  

We’re here to help you understand your risk. Contact St. Andrews Insurance Agency for a free quote. 

Getting the Protection You Need 
Since 1967, we’ve made it our mission to get Florida citizens the protection they need. Contact us today to learn more about our coverage solutions.  

 

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