Ocean Crest
Insurance Agency

This insurance provides you with a extra protection against catastrophic financial events. Picture this:

• Your neighbor slips in your yard and successfully sues you for $2 million. But your homeowners insurance tops out at $300,000.
• Your teenager is at fault in a major car accident, harming several people and causing damage well in excess of your $100,000 car insurance coverage limits.
• Your dog bites and seriously injures a child. You are liable for the extensive medical expenses.

These are just a few unfortunate examples in which a personal umbrella policy could come into play. Without this extra protection your personal assets could be used to settle a claim against you.
In other words, once your primary insurance coverage runs out—whether it’s your homeowner’s insurance, car insurance, or other personal insurance—without having an umbrella the money will come from your own wealth. With the umbrella, your assets are better protected from these types of losses. Plus, your umbrella extends coverage to additional situations that typically aren’t covered by other liability policies.
To get a quote, just call 888-291-1625.

How Much Umbrella Insurance Coverage Do You Need?

You can take out an umbrella policy with coverage limits of $1 million to $5 million or even higher if necessary. Can’t imagine that you would need that much coverage? You might be surprised. Follow these three quick steps to get an idea of how big an umbrella you may need:

Step 1: Add up your assets (including the worth of your home, money in the bank, stocks, bonds, art, and other assets.)
Step 2: See how much liability coverage you have on your homeowners, auto, and other property policies.
Step 3: Determine if your current liability limits cover your assets.

If you don’t have protection that exceeds your assets, you owe it to yourself to consider a personal umbrella policy. For an affordable premium, you can protect yourself against a financial disaster.

We’re Here to Help

We welcome your questions about umbrella insurance. Just call us anytime at 888-291-1625. We can:

• Help you determine your optimal coverage levels
• Discuss exactly what your personal umbrella policy would cover
• Answer questions about premiums and payment options
• Provide you with any additional information you require

About Umbrella Insurance

A Personal Umbrella Policy can help protect your assets and your future. Coverage limits start at $1 million and can go as high as $50 million for qualified applicants. And rates are lower than you may think.

What is umbrella insurance?

Umbrella insurance is extra liability insurance. It is designed to protect you from major claims and lawsuits. It does so in two ways:

1. Provides additional liability coverage above the limits of your homeowners, auto, and boat insurance policies. This protection is designed to start where the liability on these other policies runs out.

2. Provides coverage for claims that may be excluded by other liability policies including: false arrest, libel, slander, and extra liability coverage on rental units you own.

In an event of a loss, you would first exhaust your home, auto, or boat liability coverage, and then the umbrella policy would begin providing coverage. For a relatively modest cost, a Personal Umbrella Policy provides the extra layer of liability protection that is so vital to protecting your assets and lifestyle.

Why do you need umbrella insurance?

Umbrella insurance is designed to protect your assets; your future. Do you have a home? Have you worked hard to save for the future? Your assets could be at risk should you ever be involved in a serious accident or should someone get injured in your home. Still not sure if you need umbrella insurance? Give us a call at 888-291-1625.

What does umbrella insurance cover?

Umbrella insurance provides coverage for injuries, damage to property, certain lawsuits, and other personal liability situations listed below.

Here are examples of the types of coverage provided by an umbrella policy and how they protect you:

Bodily Injury Liability – covers the cost of damages to another person's body. Examples include the cost of medical bills and/or liability claims as a result of:

• injuries to other parties due to a serious auto accident where you are at fault,
• harm caused to others as a result of your dog,
• injuries sustained by a guest in your home due to a fall, or
• injuries sustained by a neighbor's child who falls while playing in your yard.

Property Damage Liability – covers the cost of damage or loss to another person's tangible property. Examples include the cost associated with:

• damage to vehicles and other property as a result of an auto accident where you are at fault,
• damage claims incurred when your pet rips a friend's priceless oriental rug to shreds, or
• accidental damage to school property caused by your child.

Owners of Rental Units – protects against liability that you may face as a landlord. Examples include the cost of liability claims as a result of:

• someone tripping over a crack in the sidewalk of your rental property and suing you for damages, or
• your tenant's dog biting someone and you being held responsible for the injuries.

Coverage is also provided should you be sued for:
• slander – injurious spoken statement,
• libel – injurious written statement,
• false arrest, detention, or imprisonment,
• malicious prosecution,
• shock/mental anguish, and
• other personal liability situations.

Do you qualify for an umbrella policy?

To be eligible for umbrella insurance, you must have liability insurance – homeowners, auto, and boat insurance (if applicable) – that is at least equal to certain required limits.