We are often asked the question, “How much liability do I need?” While it is difficult for us to answer this question – because we cannot see into the future -we can say the more assets you own, the more liability coverage you need. Fortunately, umbrella liability is inexpensive when compared to other forms of insurance.
Think of an umbrella liability policy as the top block on a stack of building blocks. The bottom blocks are your auto liability, homeowner liability, boat liability, motorcycle, or secondary residence liability. The umbrella block stacks on top of the auto, home and boat blocks. If you get sued, the total liability amount available to protect you can be calculated by adding up all the blocks. The umbrella policy requires that the bottom “foundation” policies must always be in force.
Call us (386) 752-8660 to learn more.