Personal Umbrella Insurance
A personal umbrella policy provides liability coverage over and above your auto or homeowners policy. To better understand how it works, here’s an example: If you are at fault in a car accident that injures another driver and your current liability coverage is set to $250,000, you may legally be responsible for damages beyond the $250,000. If you are, and you are sued, your personal assets could be at stake.
Key Considerations:
- Protects your financial assets, your home and property in the event of a severe accident
- Is an add-on if your current liability coverage isn’t enough
INSURANCE PRODUCTS ARE NOT DEPOSITS, NOT INSURED BY THE FDIC OR ANY FEDERAL GOVERNMENT AGENCY, NOT GUARANTEED BY EXTRACO BANKS OR ITS AFFILIATES, AND MAY GO DOWN IN VALUE.