Prepare for the unexpected. No one expects to be sued. But, if it happens, the financial impact can be devastating. Judgments from liability lawsuits can easily far exceed the coverage limits on the primary insurance you may have on your auto, home and other property.
If you ever have to pay such a judgment, a personal umbrella policy can close the coverage gap and safeguard your assets. The coverage can even extend to provide protection for other financially crippling liability claims that may not be covered by your other policies including defamation of character, libel and slander.