Personal Umbrella Coverage
A personal umbrella is additional liability coverage that can cover all your family members. It can go over all your personal liability exposures such as your home, all your personal vehicles, boats, motorcycles, RV’s, Campers etc. It provides coverage protection doing most any activity.
It can also provide additional uninsured/underinsured motorist coverage should someone hit you or your family members listed with an uninsured/underinsured vehicle.
You can purchase as low as 1,000,000 up to 10,000,000 and more if needed in additional protection.
Is this coverage affordable?
Yes, the base policy that covers one home and one auto can be as low as $120.00 a year for 1,000,000 in additional protection for you and your family. For each additional vehicle, RV, additional residence there would be a charge. Each additional vehicle around $30.00 a year, additional toys might be $20.00 Prices vary company to company.
Requirements
You will be required to carry $250,000/500,000 underlying limits on all items listed on the policy. Your home policy may need to be at least 300,000. The umbrella coverage begins to cover losses over that amount. If you had a one million dollar umbrella your total coverage would be 1,250,000 for auto risks and 1,300,000 for personal liability.
Not all personal umbrella policies are the same
Most all personal umbrellas will cover your vehicles and your home, including personal activities. Where you need to ask your agent is if the uninsured/underinsured liability coverage includes your boats, snow machines, ATV’s etc. Some do, but most don’t! Get it in writing, many agents assume the uninsured/underinsured is automatic over all items and it is NOT!
We are here to serve you.
Please contact us by phone (603) 224-0993 or email at any time to discuss the coverage options available to meet your needs.