Clarke & Sampson Blog

Personal Umbrella Liability Basics

Posted by Scott Jefferson

Apr 4, 2014 3:25:38 PM

As we all know, accidents happen—and it’s not uncommon for jury awards and out-of court settlements to run into the millions. While it’s difficult to pinpoint the monetary consequences of the risks you and your family take each day, are you certain your current liability insurance offers you enough protection?

For example, what if:

  • Your teenager runs a stop sign, causing a serious accident?
  • A visitor trips in your home and is seriously injured?
  • A babysitter is injured by your otherwise friendly dog?
  • The small fender bender you caused results in a neck injury?
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Topics: Personal Insurance, Personal Liability, Alexandria VA, Personal Umbrella, Umbrella policy, Umbrella Liability

Protecting Your Assets With An Umbrella Policy

Posted by Scott Jefferson

Jan 29, 2014 2:29:00 PM

Your home and auto policies are designed to protect you from liability losses up to a certain dollar limit, but what if that limit is exhausted? Consider this scenario: you caused a major auto accident that resulted in $750,000 worth of bodily injury and property damage. Your auto insurance only covers $500,000. Who is responsible for paying the remaining $250,000? You are - unless you have an umbrella policy.  

An umbrella policy is designed to protect you above and beyond your home and auto policies. With umbrella liability insurance, you are safe, your family is safe, and so is your lifestyle.

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Topics: Personal Insurance, Personal Liability, Alexandria VA, Personal Umbrella, Umbrella policy, Umbrella Liability