KNOW YOUR POLICY Key Terms: Personal Umbrella Insurance Serious liability claims can arise from everyday situations involving properties, vehicles, recreational activities, pets, and other personal exposures. Rising costs and social inflation are contributing to larger and more severe outcomes. Individuals with significant assets, youthful drivers in the household, watercraft, swimming pools, trampolines, short-term rental properties, or higher public visibility may face increased liability risks. Reviewing liability limits and securing additional protection through a Personal Umbrella Insurance policy can help reduce financial exposure in the event of a major claim. In some cases, additional specialty solutions may be required to address exposures not covered by underlying policies.
Bodily Injury Liability Coverage that may apply when an insured is held legally liable for physical injury to another person arising from covered personal activities or exposures, subject to policy terms.
Business Pursuits Exclusion Personal Umbrella Insurance policies generally exclude liability arising from business-related or income-generating activities.
Defense Costs Legal expenses associated with responding to covered claims or lawsuits; coverage may apply within or outside policy limits, depending on policy terms.
Excess Liability Additional liability coverage that applies above underlying policy limits, subject to policy terms and required underlying insurance.
Excluded Dog Breeds Coverage for certain dog breeds or animal exposures may be restricted or excluded based on underwriting guidelines and policy terms.