Insurance Your Way...Click, Call or Come In!
(865) 982-1630   Login
Since 1921 . . . 9/26/2017

Umbrella & Excess Liability Coverage

Homeowners, auto, and watercraft policies have a limit on liability insurance. If an unfortunate accident should happen that is your fault, do you have enough liability insurance from your current policies to cover your risk exposures? Since no one can predict how much a judge may award the injured person, umbrella insurance is a needed protection for every policyholder and not just for the wealthy anymore.

Umbrella insurance is designed to give you added liability protection above and beyond the limits on homeowners, auto, and watercraft personal insurance policies. With an umbrella policy, depending on the insurance company, one can add an additional 1 to 5 million or more in liability protection.

This protection is designed to “kick-in” when the liability on other current policies has been exhausted.

Liability insurance is the portion of a homeowners or auto policy that pays for expenses such as the injured persons medical bills, rehabilitative therapy, and lost wages due to the negligence of the at fault person. The liability portion of an insurance policy also covers a legal defense representative if the negligence of the at fault person results in a lawsuit. After adding up all of the medical expenses for the injured and the legal fees of the negligent person, the standard liability in one’s homeowners or auto policy is often not enough. Almost every state has financial responsibility laws that will hold drivers accountable for bodily injury and property damage resulting from car accidents, and the at fault driver could be sued for the damage. Personal assets of the at fault driver could be seized resulting from a lawsuit. Similar laws are also in force for home and watercraft owners.

There is good news. A personal liability umbrella insurance policy can give you added liability protection without a large added cost. Additional liability insurance is often inexpensive, especially compared to the added coverage one gains. Furthermore, liability insurance usually covers one’s non-business activities anywhere in the world. Having the added protection of a liability umbrella policy is coverage no one should go without.




Insured excess liability umbrella coverage image


Request A Quote

Contact Us For A Quote


Privacy Policy Terms Of Use
  
© 2009-2015 Crum & Blazer Insurance, Inc. (All Rights Reserved)