A Personal Umbrella policy can protect your assets in the event of an accident that is your fault that results in serious injury or even death to another person. Let’s say your base liability coverage for your vehicles is $250,000 per person and $500,000 per accident. You have an accident that is your fault that seriously injures people in the other vehicle. They spend time in the hospital and decide to retain the services of a personal injury attorney to recover damages. The court awards the other party $750,000 in damages. Your base coverage is only a maximum of $500,000. Where is the remaining $250,000 going to come from? You may have to sell your house or liquidate other assets (retirement savings, investments, 401K Plan) or have wages garnished to repay the remaining $250,000 from the court ordered settlement. A Personal Umbrella policy extends your liability limits in increments of $1,000,000. With this policy the remaining $250,000 would be paid out of the Umbrella Policy, so your personal assets are protected. A Personal Umbrella policy provides peace of mind for you and your family, and typically costs less than $500.00 per year for $1,000,000 worth of coverage. Call today to inquire about adding a Personal Umbrella policy. You and your family will be glad you did!