Average liability settlements in the US are over $1 million, yet the coverage you may have through your home, auto, or watercraft policies is typically limited.
A personal excess liability policy, or "umbrella" policy, provides additional coverage when the unexpected happens. It covers damages if you are legally obligated to pay to another party due to bodily injury, property damage, or personal injury, such as libel or slander.
The benefits of purchasing coverage as part of this program include:
Average liability settlements in the US are over $1 million, yet coverage through home, auto, and watercraft policies is typically limited. A personal excess liability policy provides additional coverage when the unexpected happens.
Why do I need excess liability coverage?
Common activities and circumstances can be the highest liability risk factors. Large claims for personal damages can stem from:
As you enjoy the lifestyle rewards of your career success, it's important to remember that the risk of facing a personal liability lawsuit increases with one's assets. And, individuals known to have substantial assets are particularly vulnerable.
How can I enroll?
To learn more, explore the Program Overview or Story Sheet documents in the Resources section, or click Enroll Now to access the enrollment form and see pricing.
A woman suffered multiple facial fractures and emotional distress after the car she was a passenger in was hit head-on by the defendant's vehicle. The defendant was found guilty of driving at an excessive speed, failing to keep a proper lookout, and driving under the influence.
Settlement Amount: $3.5 million
Answers about the plan, including eligibility, options, enrollment, customer service and more.
Don't I already have liability coverage through my homeowners or auto policies?
What is a "group" personal excess liability policy?
Purchasing personal excess liability coverage as part of a group program provides several advantages:
Who is eligible?
How much will this coverage cost?
How do I change my policy?
What do I do if I have a claim?