The purpose of personal umbrella policies is to protect individuals and families against unforeseen insurance risks; those rare high severity liability claims that may exceed the coverage available under a person auto policy or homeowners policy.
Sold with coverage limits of $1 million or more, personal umbrella policies provide broad “excess” liability protection-protection over and above the liability coverage provided by other personal policies providing liability coverage.
For more information on Umbrella Liability, please contact us at 856.482.8300.