We provide Personal & Commercial Umbrella policies. We always recommend that our clients consider an umbrella policy. For an extra $1 million-$10 million in coverage for a few hundred dollars per year, it is definitely worth it. For example, in the event of a lawsuit against you, your liability coverage under your home or auto policy, may not be enough to cover all the costs associated with a lawsuit. We continue to see the importance of umbrella policies and the importance of extra liability coverage every day, as many lawsuits and court judgments exceed the limits of liability under one’s home and auto policies.
Below is a copy of the letter that one of our client’s received from their insurance company, as a result of a pending lawsuit, demonstrating the importance of an umbrella policy.
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