“Unfortunately you don’t have to be a millionaire to be sued like one”
That’s a sad reality but all too true. The good news is you can be properly protected for very little money annually. A personal Umbrella liability policy provides an additional layer of liability insurance over and above your home and auto policy. Therefore if a serious accident happens and one of those policies limits are exceeded you will have an ADDITIONAL layer of protection to save the heartache and potential loss of the assets you’ve worked so hard to gain.
How inexpensive you may ask, well I’ll tell you. If you own one home and have two cars an additional $1,000,000 of protection can cost as little as $175.00 per year. That’s less than .50 cents per day for a million dollars of piece of mind and protection.
Your exact premium may vary slightly based on many factors, however slightly is the keyword. We see cases all the time of people who have Umbrella protection and are thankful and unfortunately others that need it that didn’t buy it. Don’t live with that burden hanging over you.
Just contact us and answer a few questions and we will let you know exactly how inexpensive $1,000,000 of protection can be for you. Don’t let another day go by, call today so you can be certain we’ve done everything possible to protect you and your family.
Mans Best Friend
In recent years I have seen insurance companies become increasingly selective in their underwriting rules concerning writing new business for clients who have dogs. While most have their “ineligible breed” list, I frequently hear from clients that they feel they are being unfairly treated since their dog is really very gentle and has “never bitten anyone”.
While I’m sure they are telling me the truth, the simple matter of fact is that the number of dog bite claims is increasing at a rate of 8.7% and the average claim costs $24,461 in 2008 (the most recent figures available)! In total there are over 4.5 million people per year who are bitten by dogs and over 900,000 are children! Click here for the whole story
http://www.insurancejournal.com/news/national/2009/09/17/103790.htm
This is pretty scary stuff for writers of homeowners insurance who have to respond to these claims and, like it or not, they are justified in creating the selection criteria they find meets their risk appetite for new business policies.
If you are a dog owner I have one additional piece of advice – buy high limits of liability insurance and of course, be sure you have an Umbrella Liability policy in case your “best friend” ends up being your biggest liability!
