Farmers Umbrella Liability Insurance
Help protect all the things you’ve worked so hard for, with excess liability limits and expanded coverage.
Coverage anywhere in the world
Legal defense coverage
You might not know that Umbrella Policies are one of the real values of the insurance world. For about one dollar a day, an Umbrella policy can provide you with $1 million in liability insurance.So if you are ever liable for more than your auto or home policy will pay, the Umbrella policy will cover those damages.These days, many people are quick to sue. Accidents, dog bites, even “libelous” comments on social media can cost you millions, and put your hard-earned assets and even future earnings at risk.
This 2 min video explains why I think umbrella policy is right for you.
(Please click on the image to view video)
Do I Need Umbrella Insurance?
How do you know for sure that you need Umbrella insurance? That’s a reasonable question. But to answer it, let’s turn the tables for a second, and ask you a couple of questions first:
Are you a high net worth individual?
You may need to do a little math here. Remember that Net Worth = What You Own – What You Owe. If you do have a high net worth (say, around one million dollars or more), you may want to protect it against a big liability judgment with an Umbrella policy.
How exposed to risk are you?
We’re not asking if you’re a secret agent, professional skateboarder, or stunt person. But if your day-to-day life exposes you to more than normal risk, it might be a good idea to extend your coverage. Do you spend a lot of time on the road? Do you host dinners and parties in your house? Do you have a pool? Do you have a vacation home?