If you are at fault in a big car accident, if you have a property claim that affects your neighbors, or if you are sued for a large amount, you might end up paying thousands of dollars out of your own pocket if you don’t have an umbrella policy. Umbrella, or a Personal Catastrophe Liability policy, will provide you with the extra liability coverage in the event that your auto and/or home/condo/renter’s insurance liability is not enough to cover the claim brought against you.
Personal Catastrophe Liability covers over your insurance policies like an umbrella and when the coverage on your underlying policies is exhausted, the umbrella kicks in to cover the difference. Normally the coverage starts at $1,000,000 with a $0 deductible and can go up in the increments of a million. Many of our clients are shocked to find out how little a $1,000,000 Personal Catastrophe Liability policy costs with our agency’s insurance carriers.
Call us today so that we can help you set up your umbrella policy: (703) 888-3555.