Mark Dalton Insurance Agency Mark Dalton Insurance Agency
Alternate Content
Auto Insurance Home Insurance Business Insurance Life & Health Insurance Church Insurance Get A Quote

UMBRELLA POLICY!    What is it?  DO I really need one?    


Buying homeowners and auto insurance is a great way to protect your family’s finances, but these policies have limits that may not be enough in today’s litigious society. The cost of a liability lawsuit can be exceptionally high, exceeding your policy limits several times over. 

Think about it this way: If you’re sued for $2 million dollars after a car accident but your policy tops off at $500,000, the remainder of the sum will have to come from your personal nest egg.

  How often do you hear on the news about an injured car accident victim who received a million dollars in damages because the driver of another car accidentally crossed the double yellow or ran a red light? We all feel bad for the victim, but have you ever wondered who pays that million dollars? It’s the other driver. And what if that other driver—(who had no malicious intent but simply looked away for just a second)—were you or a family member? 

  Put yourself in that hapless driver's shoes. You've been ordered to pay a million dollars in damages. Your car insurance policy covers $300,000, then the courts go after your personal assets. Soon, you’re ruined—all because of a careless mistake. Fortunately, this doesn't have to happen if you protect your liability with a personal umbrella insurance policy.

Luckily, umbrella insurance is designed to add another layer of protection on top of your existing policies to expand your coverage limits up to $10 million (depending on your policy). But what exactly might lead to such high costs?

Any liability cases involving your home, car, pet, child, boat etc. could lead to a lawsuit. For instance, a guest may slip on a loose step and tumble down the stairs in your home or a neighbor’s child may drown in your swimming pool when you stepped away for just a second.

Essentially, umbrella insurance extends your liability coverage for bodily injury and property damage, while covering situations that may not be covered with your homeowners or auto insurance. These can include libel, slander, defamation of character, false arrest, vacation rental liability, landlord liability and worldwide coverage.

Umbrella insurance acts as a security blanket so you don’t have to deplete your retirement savings or your children’s college funds to pay for a liability incident.

Our agents can assess your needs and help you find the right policy for the right price.

Want extra protection for your family’s finances?  

For more information on umbrella insurance : 


or EMAIL:   or go to our website for our online quote form.

Posted 1:15 PM

Share |

No Comments

NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive
  • 2015
  • 2012

View Mobile Version
Mark Dalton Insurance Agency Facebook Page Mark Dalton Insurance Agency Blog RSS Mark Dalton Insurance Agency Twitter Mark Dalton Insurance Agency LinkedIn