Personal Umbrella Insurance
The right coverage can prevent a lawsuit from changing your financial future.
If you face a claim that exceeds the limits on your home or auto insurance, it can put your finances in jeopardy. Kelly Miller Insurance agents can help you protect yourself from these unexpected events with personal umbrella insurance.
Umbrella insurance can also cover gaps in your home and auto policies. A low-cost personal umbrella policy can protect your retirement, savings, assets, and education funds – all the things you’ve worked hard to build up over the years. Contact a Kelly Miller Insurance agent to learn how affordable umbrella insurance can be for you.
Umbrella coverage can offer from $1 million to $10 million in liability protection. Here’s what it can protect you from:
- Up to $10 million above your home and auto policies
- Claims of defamation, libel, slander, and more
- Incidents that occur outside the U.S.
- Accidents and damage while using rented bikes, boats, personal watercraft, scooters, and more
- Attorney fees and legal costs
How umbrella insurance works
If you’re sued after an accident at your home and your insurance only covers half the amount of the legal claim you’re ordered to pay, you must cover the other half out of pocket – a potentially devastating financial hit for most families. But if you have a personal umbrella insurance, it can cover that remaining amount and protect your assets.
Umbrella insurance is affordable because it only pays claims that exceed the limits of your existing home or auto insurance policy. It’s low-cost coverage that can provide great peace of mind.
Do I need umbrella insurance?
If you own a swimming pool, dog breeds that aren’t covered by homeowners policies, multiple homes, a trampoline, or you hire people to clean your home or watch your children, you face an increased risk of a lawsuit when unexpected things happen. Families with more wealth are at higher risk of being sued, and you can even be required to pay claims based on your future earnings!
An umbrella policy can prevent these potentially devastating losses.