A liability insurance policy that protects the assets and future income of the name insured in addition to his primary policy is referred to as personal umbrella insurance.
Umbrella insurance coverage is able to fill in gaps in underlying policies and can become the primary policy in certain situations. An umbrella insurance policy shields the insured party’s assets more thoroughly than primary coverage.
An umbrella insurance policy is typically pure liability coverage beyond the coverage under a regular policy. It is usually sold in increments of $1 million. Umbrella insurance covers liability claims from all policies underneath it, including auto insurance and homeowners insurance.
For coverage that goes beyond standard home and auto insurance, consider personal umbrella insurance. It can provide coverage for claims that may not be covered by primary insurance, such as false arrest, libel, slander or invasion of privacy.
McGovern Insurance is an experienced insurance agency that can help with your personal umbrella insurance policy. Call us at (650) 593-8216 or complete the form on this page to get your personalized personal umbrella insurance quote.