Yes! You Need an Umbrella Policy

In the unfortunate event that you or your family are found liable for accidents to visitors in the home or accidents away from home, an umbrella policy can provide added protection which may be outside the coverage provided in your homeowners or auto policies.  In the event of a lawsuit, if you are found liable and the liability limits for your home, auto or other liability policies are exceeded, an umbrella policy can provide the additional protection you need.  

Both your homeowners and auto policies have liability limits based on your selection when opening the policy.  In the event of an accident or mishap where you or your loved ones are determined to have liability, the damages awarded from a lawsuit may exceed the limits of your policy.  Additionally, you may be sued for liabilities outside the scope of coverage in your homeowners or auto policies and it will likely require an attorney to defend your interests in these situations. An Umbrella Policy may provide the added protection you need from unforeseen financial risks. 

 The frequency and cost of lawsuits have increased dramatically during the past decade.  Family life, daily activities or business operations may result in unforeseen lawsuit exposures.  That's why people and businesses purchase insurance protection.  However, without Umbrella Insurance they could be putting their house or business assets at risk!