HELP PREVENT THE UNTHINKABLE FROM HAPPENING TO YOUR ASSETS AND FUTURE
Consider your lifestyle and the assets you have that support it. Estate and/or vacation homes, luxury vehicles and such increase your exposure and the possibility of a lawsuit with a high-dollar settlement other parties believe you can afford. This threatens your current assets and future wealth, as well as your financial legacy.
Let’s think about the unthinkable. An insurance claim or lawsuit spirals well beyond the limit of your existing insurance policies’ coverages. Then, you face risking certain other personal assets to pay on your own the amount awarded. It’s time to protect your assets, the ones on which your future and lifestyle depend, with an umbrella policy, also called personal excess liability.
WHEN YOUR HIGH DOLLAR ASSETS ARE A TARGET FOR HIGH DOLLAR LIABILITY CLAIMS
An umbrella policy provides additional liability coverage, including defense coverage, above your homeowners or auto policies’ limits. Meaning for example, you’re found at fault in a car accident and you have a policy limit of $1,000,000. If the claim against you is awarded for $1,500,000, your umbrella policy kicks in and covers the remaining $500,000. Without the umbrella, your assets could be liquidated to cover the $500,000.
LEH Insurance’s most seasoned insurance professionals listen to you, taking stock of your assets, which deserve expansive, complex protection. Ultimately, we design tailored, comprehensive umbrella policies to help ensure your assets are protected should they make you a target for high dollar liability claims.