Personal Umbrella Policy
For insureds who have a homeowners policy with one of The Andover Companies, $1,000,000 protection against catastrophic liability claims in excess of required underlying insurance.
The Andover Companies
Merrimack Mutual Fire Insurance Company
Cambridge Mutual Fire Insurance Company
Bay State Insurance Company
Andover, Massachusetts 01810
Personal Umbrella Liability Insurance protects against court judgments that could ruin you financially.
The success that you have enjoyed for yourself and your family has
placed
you in the
public eye. Not only are you recognized for your accomplishments,
but unfortunately
you may also be a target for catastrophic damage suits.
Court juries are awarding
higher and higher judgments against business and
professional men and women.
Liability judgments for losses of life or disability injuries in amounts
of
$500,000, $750,000, or $1 million are not uncommon today.
Personal Umbrella Liability Insurance protects you against these
staggering
claims, and it costs only a small fraction of the amount of protection it
affords.
This insurance extends your underlying Liability and Property Damage insurance on your autos, boats, homes, personal and family activities by $1,000,000. In addition, it also provides $1,000,000 protection against many uninsured exposures, over and above a small self-insured retention.
It protects you and your family against astronomical judgments … by increasing your Automobile, Homeowners, Recreational Vehicle, and Watercraft Liability Insurance to $1,000,000.
It also provides $1,000,000 protection for many personal liability risks not covered by your other policies, such as:
- Claims for false arrest, false imprisonment, wrongful eviction, humiliation, libel, slander, defamation of character, or invasion of privacy.
- Liability for damage to property of others in your care, custody, or control.
- World-wide coverage for automobile and watercraft use, except where prohibited by law.
- Plus, payment of defense costs that are not covered by your underlying
Liability policies.
