Umbrella Coverages

Sometimes even your home insurance and auto insurance can’t account for every disaster in life. To further protect your assets, there are Personal Umbrella Policies.

An umbrella policy kicks in when the limits of your auto insurance or home insurance have been exhausted and there are still damages to pay.

How could that happen?

A child sneaks into your back yard in  your Fort Myers gated community by climbing the fence, and breaking into your locked screen door … and the worst happens, the child drowns.

Maybe you’re driving down Del Prado Blvd in Cape Coral, and you get a text from your husband, look down to check it, swerve, hit an oncoming car and cause a 8 car pile up during rush hour.

You are interviewed by the News Press and asked about your former business partner who you’ve had a falling out with and you say some negative things that could be consider slander and he sues!

Umbrella policies provide an extra cushion of protection.

Umbrella policies cover damage claims that you, your dependents or even your pets may cause. They start paying out after the liability insurance on your homeowners and auto policy runs out. For example, if you have a home insurance policy with liability coverage of $300,000, the umbrella policy will pay claims above $300,000, up to the limit you select, such as $1 million. Or if your liability limit on your car insurance policy is $250,000 of bodily injury protection per person and $500,000 per accident, your umbrella coverage kicks in after you exhaust that coverage.

Because the majority of claim risk is paid by your primary auto or home policies, personal liability umbrellas are relatively inexpensive starting as low as $225 for a $1M ($1,000,000) policy.