Umbrella Insurance

What’s Peace of Mind Worth to You?

What would happen if you were involved in an auto accident that caused bodily injury to someone? An umbrella policy provides additional layers of liability protection. If the liability limits are exhausted on your home, auto, or other underlying insurance policy, your umbrella insurance policy takes over and provides you with additional protection. The cost is minimal compared to the comfort of knowing you’re covered.

Do You Have Enough Liability Insurance?

Imagine what would happen if your dog was to bite a neighbor’s child, or if there was an accident on your rental property. What would happen if a fire in your condo spread to other units? If any of these things happened to you, there’s a good chance your current liability limits wouldn’t be adequate to protect your assets, or your future earnings.

Liability Insurance Starts When the Others Stop

Once the liability limits are exhausted on your home, auto, or other policy, your umbrella policy takes over and provides a second layer of protection of at least $1,000,000. Higher limits may also be available.
Talk with your Anchor Insurance Agent to determine the right amount of coverage for your needs.

Examples of real claims:
BECAUSE UNEXPECTED EVENTS HAPPEN

Distracted driving – A distracted driver ran a red light and hit a man in a pickup truck who sustained a back injury. Verdict $1,950,000*
Dog attack – A dog with no bite history bit a guest at a party resulting in permanent deformity to the arm. Settlement $400,000*
Slip and fall – A postal worker delivering a parcel tripped over an uneven sidewalk and sued a homeowner for negligent maintenance. Verdict $2,700,000**
Making a left turn – A newly licensed driver attempted to make a left turn and collided with another car causing multiple injuries and an extended hospital stay. Settlement $240,000**
Boating – A boat passenger was killed when the driver of the boat collided with a dock structure. Settlement $2,100,000**