Customize Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

No cookies to display.

Why would you need a Personal Umbrella Policy?

You have insurance, right?

So, why would you need a layer of protection over the coverage you already have. A personal umbrella policy, often called a PUP, can “extend” the coverage you have, and may even offer protection that your other policies don’t. Here are a few examples to illustrate why a PUP could be an important addition for you. 

What does a Personal Umbrella Offer?

PUPs can provide protection over your home and auto policies. And often, an additional $1 million in coverage may cost you just a few hundred dollars per year. While these policies are generally written by the same insurance company that covers your home and auto, there are “standalone” policies available that can be written over different companies. 

In a litigious society, lawsuits can include medical bills, disability, and other damages that may be higher than the limits available on your home or auto policy. With social inflation impacts, verdicts from these lawsuits seem to be getting higher and higher. If you were sued and the verdict was higher than the limits of your policy, what would you do? Cash in some of your other assets? Take money from your retirement? A PUP may provide a much sounder option to avoid ruining your financial plan.

In addition, PUPs may provide you with coverage where your other policies do not. For example, some PUPs extend your auto coverage if you have an accident with an uninsured or underinsured motorist (per policy language). In some cases of liability such as slander, false arrest, wrongful eviction, and others, your PUP may be a “line of defense” for coverage and even court costs. 

And while you may feel like these are all unlikely scenarios, they happen much more often than you might expect. Having a PUP in place can be a cost efficient way to be more prepared for the worst. 

Let us help review your risks and discuss your need for a PUP!