One
More Way American Business Insurance Covers All
of Your Personal Insurance Needs...
You already know
you can count on American Business Insurance to
provide valuable insurance protection for your
home, your car and your personal property. But
there are times whenyour needs may extend beyond
your policy limits. For example what would happen
if...
- A neighbor was injured in
your swimming pool?
- A passerby tripped and broke
her leg on your property?
- Your dog's bite proved worse
than his bark?
- You were in a car or motorcycle
accident and were sued for $1 million?
These are just a few of the circumstances
in which personal umbrella coverage could prove
a valuable addition to your insurance plan.
Unfortunately these days, anyone
can be sued. And million dollar judgements, once
a rarity, have become all too common. Even if
the court decides in your favor, you may still
have to pay legal fees and court costs.
Fortunately, you can mount a
powerful defense against the financial burden
of personal litigation - with a Personal Umbreall
Plan. This coverage provides the expanded liability
protection you need if a serious accident occurs,
even if you're traveling outside the country on
business and vacation. It's an inexpensive way
to add important value to your insurance coverage
and protect yourself against potentially catastrophic
financial burdens or losses.
We can even extend umbrella coverage
for your motorcycles and recreational vehicles,
such as snowmobiles, ATV's, golf carts and jet
skis, for an additional premium.
An Umbrella extends your
coverage
A Personal Umbrella Plan takes
over where your basic automobile and homeowners
policies leave off - providing up to $5 million
dollars worth of additional liability coverage.
How does a personal umbrella
policy work? It's simple. Suppose someone is seriously
injured on your property and wins a $750,000 lawsuit
against you. Your primary insurance policy (in
this case your homeowners policy) would cover
the damages - but only up to the policy's maximum
limits. If that limit is $300,000, you are left
with a hefty sum to pay out of your own pocket.
But if you were covered by a Personal Umbrella
Plan, your umbrella coverage would pay the remaining
$450,000.
Click
Here for a Quote
Check
out these other valuable personal coverages that
we offer!
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