Anyone can be sued like a billionaire. There are many unexpected situations where your homeowners or auto insurance policies could be insufficient in the coverage provided or simply not cover a claim. For this reason, you do not want your personal assets to be exposed.
That’s where an umbrella or excess liability policy can be extremely helpful, whether responding either after the primary home and auto limits are exceeded or in their place entirely. While purchasing umbrella or personal excess liability insurance is the logical first step in guarding against the negative impact of a potentially uncovered claim, it is equally important to ensure that all of your policies are designed to “speak” to each other to avoid discrepancies when handling a claim.
We are always available to provide more information about an umbrella or excess liability solution.