Personal
Personal Umbrella Insurance
Let’s help protect the financial future you’ve spent a lifetime building.
Personal
One lawsuit can change everything.
If someone is injured on your property or due to an accident you’re responsible for, you could be held liable. What happens if the settlement or judgment exceeds the coverage provided by your home or auto insurance? How would you cover the costs?
Lawsuit settlements can put the cumulative value of your home, vehicles, savings and investments at risk.
A personal umbrella insurance policy provides extra liability protection by extending the limits of your auto, home or boat policies. Should you be named in a lawsuit, a personal umbrella policy can cover defense costs, attorney fees and other charges associated with a lawsuit that exceeds the limits of your basic policies.
Protect your financial future.
We’re here to help you find the right coverage for your needs.
Why consider a Personal Umbrella policy?
Certain factors can raise the likelihood of someone being injured and your responsibility being scrutinized in a lawsuit, such as:
- Owning multiple properties
- Owning vehicles
- Having a trampoline or pool
- Having teenage or young drivers in your household
- Certain hobbies, such as hunting, hosting dinner parties or participating in athletic events.
What’s at stake?
If a judgment or settlement surpasses your insurance limits, you could be required to pay using your future earnings. A Personal Umbrella policy—offering coverage from $1M to $10M—can provide essential protection for anyone with established assets.
​
What’s covered by a Personal Umbrella insurance policy?
- Legal defense fees
- Attorney fees
- Monetary judgments/settlements
- Medical bills, including therapies
- Lost wages for the injured
- International Coverage
What’s NOT covered by Personal Umbrella insurance?
- Injury to you. A Personal Umbrella policy only covers bodily injury or property damage to others, not yourself.
- Intentional acts. If you harm or injure someone intentionally (not including self-defense), the resulting claim will not be covered by a Personal Umbrella policy.
- Business actions. Personal Umbrella policies do not cover you in business, even if you’re the business owner. Instead, business liability policies exist for this purpose, including Directors and Officers Insurance, Employment Practices Liability Insurance, General Liability Insurance, Professional Liability Insurance and more.
We Can Help
Protect
what's important.
Get started today with a Diebold Risk Advisor and experience the difference.Â