Security comes with having the right mix of insurance coverage in your portfolio of products to protect the assets you’ve worked so hard to accumulate. Having sufficient liability limits on your Auto and Homeowners policies is a start. But a catastrophic loss can result in a significant setback without protection that truly goes the distance. With a Personal Umbrella policy from Mountain Insurance Management, you will have the added Liability coverage you need to protect your assets in the event of a lawsuit.
Umbrella insurance is a smart choice for anyone who has assets and/or is earning a salary. You will be protected if:
Umbrella insurance operates in concert with the basic Liability coverages under your primary, underlying policies such as your Homeowners, Renters, Condo, Auto and Boat insurance. It provides more protection for risks of bodily injury and property damage, along with coverage for other risks that your standard policies may not insure. You basically get an extra layer of insurance coverage over your standard Liability policies. If, for example, there is a $100,000 liability limit on your Auto policy, and you purchase a $1 million Umbrella insurance policy, you would have $1.1 million in Liability coverage.
We look forward to taking the time to go over in more detail the need for Personal Umbrella insurance, particularly in today’s litigious landscape.