Unfortunately, bad things happen from time to time. And sometimes really bad things—a horrific car crash or a tragic accident at home. These types of catastrophic losses could wipe you out financially if you’re not properly protected.
Purchasing a Personal Catastrophe Liability policy, also known as an “Umbrella policy” can keep you property covered.
An additional $1 million in coverage (up to $5 million) for you and your eligible family members against lawsuits arising from personal injury or property damage claims. The Umbrella policy hovers over your personal auto and home policies to provide you with the excess liability coverage that you need to be protected.
The typical $1,000,000 policy costs anywhere from $115 – $250 per year for a family with 1-2 cars and 1 home.
Give yourself and your family an extra layer of liability protection over and above your auto and homeowners policies in case you (or a covered family member) are sued because of an accident.