Assess Your Personal Liability Risk
The majority of claims under umbrella policies are auto-related. Since virtually all of us drive, the need for Personal Liability Umbrella Coverage is obvious. However, there may be many other risks and situations that apply to you. Review the Personal Liability Umbrella Coverage Risk Checklist below to see if you face any of these risk exposures:
Personal
- Owning a home or a condo
- Having a teenage or young adult driver
- Employing baby-sitters or cleaning people in your home
- Frequently driving with other adults or children in your car
- Owning a pet
- Using a boat
- Owning a swimming pool
Business
- Owning rental property
- Conducting business on your home premises
- Working as a professional with assets and future earning potential
- Subjecting yourself to a personal injury suit from a fellow employee if you or your spouse work outside the home
If you have one of these risk exposures, personal liability coverage that protects you and your family makes good sense. If you face more than one of these exposures, like most people, this coverage is absolutely essential.
If you're concerned about the risk exposures above, find out how the AICPA-endorsed Personal Liability Umbrella (PLUS) Plan can provide economical personal liability protection for up to $5 million - including legal assistance in the event of a covered claim or suit - for all of your homes, automobiles and household members.
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