Do you often entertain guests in your home? Do you have a swimming pool or children who have friends over to play? Concerned about protecting your assets in the event that you (or a member of your household) accidentally injure another person or damage someone else’s property? If you answered “yes” to even one of these questions, you may want to consider a personal umbrella liability insurance policy.

What is an Umbrella Policy?

Umbrella Coverage is designed to provide added liability protection above and beyond the limits of your primary Auto and Homeowners policies. This extra layer of protection is for anyone who has assets that might be at risk if they are found liable for a loss. You can purchase umbrella liability coverage for amounts of up to $5 million.
An example of how a $1 million umbrella policy may work is described as follows:

If you are sued by someone injured at your home for covered damages exceeding your primary Homeowners policy, your Homeowners policy pays liability up to the policy limit. An umbrella policy provides liability insurance for covered damages after the liability amount on your primary policy is exhausted.

Umbrella policies cover liability losses that you, your dependents or even your pets may cause. If your current liability coverage is not adequate to resolve a claim or a lawsuit, the person filing the action against you might go after your home or other assets to collect for damages.

A Cooper Insures Licensed Agent is eager to assist you with special home, apartment or condo insurance needs. Call us at 1-888-878-8875.