Review Your Personal Liability Limits

December 4, 2013 at 11:34 AM | Posted in Auto, Home, Insurance Policy, Personal Insurance, Personal Property | Leave a comment
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If you plan on hosting or attending holiday parties, now is a good time to review the liability limits on your personal policies. In addition to providing you a specified limit of liability, the coverage also covers the cost of your legal defense, which in most cases is as much if not more than the settlement itself.

Depending on your situation, here are some liability coverage options you should consider:

  • If you rent, you need a renters policy. Liability is one of the coverages automatically included in this policy. You pick the limit and depending on the limits you choose, the cost is usually less than $20 a month for the policy. Your landlord’s home policy will NOT cover you or your belongings.
  • If you own your home or condo, check the limit of liability on your homeowner policy. If you are carrying the average of $300,000, the cost to increase it to $500,000 is usually less than $50 a year.
  • A Personal Umbrella policy sits over your basic property and auto policies. It starts at $1,000,000, extends your liability above and beyond the basic limits, and covers you and your family members worldwide.
  • Check the limits of liability on your auto policy as well. Bodily injury caused by an uninsured or underinsured auto will cover you and the occupants of your vehicle should you be hit by someone else. Bodily injury to others covers others you may injure if you are at fault. Both coverages are equally important throughout the year and especially now during this slippery winter season.

If you have any questions on your coverage or the options available to you call us at 1-888-850-9500.

We want to insure you have a safe and happy Holiday Season!

Cover Your Assets with a Personal Umbrella Policy

August 21, 2013 at 9:03 AM | Posted in Insurance Policy | Leave a comment
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These days, so many factors can increase your family’s liability risks. A new school year starting is a great time to think about adding a personal umbrella policy. Kids will be kids, and a personal umbrella policy can easily cover incidents that could arise from innocent postings on the internet, upsets while at a party, foolish fights, or simply being in the wrong place at the wrong time. Never mind the possible scenarios once your child gets behind the wheel of a car!

In today’s society lawsuits occur with alarming frequency, and the monetary implications can be staggering. When you add up the total value of your home, cars, savings, and investments, those assets can make you a target of a major law suit. The benefits of obtaining a personal umbrella policy begin here:

  • You receive worldwide coverage for all household members.
  • You are protected against libel, slander, invasion of privacy, malicious prosecution, defamation of character, or discrimination suits.
  • You are covered for the cost of legal defense should a suit be filed against you or a household member.

Your auto and home policies have a limit for Liability. Personal Umbrella protection extends coverage beyond that limit, at a very reasonable price. Whether your household includes children, pets, or you live alone — Call Protector Group at 888-850-9400 — a personal umbrella policy covers you when the “what ifs” in life actually happen.

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