Do you have a teen driver, a swimming pool or hot tub, or a vacation home or rental property? Do you snow ski or water ski? If you answered “yes” to any of these questions—or if you or someone on your insurance policy is exposed to other potentially risky situations while driving or at home—you may want to consider a personal umbrella policy.
Personal umbrella coverage is an extra policy that offers significant protection against liability claims or lawsuits for serious personal injury. For example, if your homeowners insurance policy has a $500,000 liability limit, but a catastrophic accident occurs and you are responsible for $1 million in property damage, legal fees and medical bills, a PUP can cover the remaining $500,000.
Consider a PUP if you: