Personal Umbrella Policy coverage supplements the liability limits of your Homeowner, Mobile Homeowner, Automobile, and Boat owner policies up to $5 million. It's broad protection (like an umbrella) against the financial catastrophe that could rain down on you or your family after losing a liability lawsuit. It is not a replacement for your Homeowner, Automobile or Comprehensive Personal Liability policies, it's a supplement that provides coverage for personal injury hazards, including:
- False arrest
- Defamation of character
- False imprisonment
- Wrongful eviction or detention
- Malicious prosecution
- Invasion of privacy
With jury awards, out of court settlements and legal fees routinely running into hundreds of thousands, or even millions of dollars, one lawsuit could leave you financially devastated. If you have more than $250,000 in combined assets, don't risk losing it; cover yourself with an umbrella.