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Common Misconceptions about the Personal Umbrella Policy (Part 2)

Back in 2017, I wrote about several misconceptions that are common to personal umbrella policies. While those four misconceptions still hold true, I thought I would turn this into a two-part series since there are other misconceptions that are quite…

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Imagine…your insurance policy doesn’t fully cover a liability loss. Then what?

Imagine your child and his friends are playing with the new, family pup in the backyard. Suddenly, the dog bites your son’s friend in the face causing permanent harm. You are legally liable for the costs, and the limits on…

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Coverage for the College Student

This is the time of year I often receive questions about the coverages needed to protect students who are going away for school. These requests are common for parents sending their children off to college for the first time. College…

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Don’t “Buck” You’re Exposure! Hunter’s should read!

FALL! My most favorite time of the year…Friday night lights, college football, local festivals, and of course, hunting season! There’s that magical feeling floating in the air this time of year, whether it’s the itch to get out into the…

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When Life Brings Storms, a Personal Umbrella Policy Protects You!

Many personal insurance policies provide liability coverage to protect you if you are sued as a result of an injury for which you are responsible, whether it is bodily injury or personal injury. We all know that lawsuits can stem…

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It May Have Been Covered but HOW Was It Covered?

If you’ve watched any college football over the past several years, you’ve probably seen multiple commercials from a certain insurance company that likes to show an imaginary college professor walking an individual through a building containing exhibits that represent different…

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March Madness is Here – Are You Ready for the Risks?

For basketball junkies and non-junkies alike, this is the greatest time of year for college basketball. March Madness has officially arrived! The excitement for the sport is at its highest, and even the non-basketball fans believe they are the next…

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When Things Go (Really) Wrong, Your Umbrella Has You Covered

Over the past few weeks, I’ve had the same discussion with two sets of family and friends about the importance of umbrella policies and what they actually cover. Surprisingly, neither couple really understood the purpose of an umbrella policy nor…

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Personal Liability Coverage – Don’t Let It Be An Afterthought

When discussing and rating homeowner insurance policies, personal liability coverage is often an afterthought.  Insurance companies and insurance agents don’t always take the time to explain what it is and what it covers. Don’t fall into the trap of thinking…

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Common Misconceptions about the Personal Umbrella Policy

One thing I’ve learned over the years is there are several common misconceptions regarding personal umbrella insurance policies. In some cases, people who have one think it provides a blanket limit of protection but are often unclear as to how…

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