You might think only wealthy people need the added protection an umbrella policy provides. But in today’s society, lawsuits – and large jury verdicts- are very common. Anyone with assets to protect should consider carrying an umbrella liability policy.
Personal Umbrella Eligibility and Limits:
Eligibility: To be eligible and/or qualify for Personal Umbrella coverage you must carry auto insurance and personal property insurance with limits of liability specified by the insurance company.
Limits of Liability: Choose from limits of liability between $1,000,000 and $5,000,000. Your limit of liability should be greater than the total amount of your assets. Your AAA insurance agent can provide information about the underlying limits of liability that are necessary; as well as guidance about how much coverage you should have.
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