WHY AN UMBRELLA INSURANCE POLICY BENEFITS CYCLISTS

Triathlon 101

I’ve mentioned in the past the importance of having uninsured/underinsured coverage on your automobile, which protects you when struck by a motor vehicle while riding your bike, even where it is either a hit and run, or where the at fault driver has little or no liability insurance. When you can afford a sufficient amount of basic uninsured coverage, usually $250,000, you are then eligible to purchase, at a very reasonable rate, what is called umbrella insurance coverage in an amount of $1 million or more. Normally people think of getting umbrella coverage to provide protection for their assets, such as real estate, cars, and other assets if you are found at fault in an injury claim in your home, or via your car. But you can also purchase uninsured/underinsured coverage in that same umbrella policy, which protects you against the negligent driver who injures you in your car or on your bike. That gives you, in this example, 1.25 million in coverage, with a million dollar umbrella and your base 250k policy. Why is the umbrella so cheap (usually between $500-$750)? Because your base 250k is the deductible before the umbrella kicks in. With medical costs including rehab being what they are currently, 250k can be gone quickly.

I encourage you to speak with your auto/home carrier to explore the umbrella option. It may be an economical life savor should you be injured, or should someone be injured by you via your car or at your home. As always, feel free to reach out to me with any questions.

Brian Harrington Past President, USATriathlon Board of Directors Race Announcer Attorney

Chip timed 5K Run, 1 Mile Fun Run and Buddy Dash!

- $50 Marlow’s Tavern gift certificate for overall and masters 5K winners

- 3 deep medals in 5 year age groups <10 thru 70+

Medal to 1 Mile girl and boy winner (12 and under)

- Sport-Tek shirt to all ( not guaranteed after Oct. 22)

Buddy Baseball

A non-competitive league for boys and girls with special needs age 8–22 based in Temple Terrace that pairs players with buddies to assist as needed and allows for kids to experience the joy of participating in a team sport

Registration Fee: 5K – $35 thru October 22, $40 after 1 Mile – $20 (open to all)