EXCESS LIABILITY (aka UMBRELLA INSURANCE)
Everything you’ve worked hard to achieve could be jeopardized with a single lawsuit. These days, you can be sued for anything and an aggressive attorney can make your life miserable. Even if you are not found legally liable, the cost to defend yourself could exceed an award from the court. Excess Liability, often known as an Umbrella, is one of the most cost-effective policies that not only protects your assets, but provides you peace of mind.
WE’VE GOT YOU COVERED
Just as each of us is unique, so too are the liability exposures that are present in our lives. We like to take the time with you to assess whether or not you have an exposure that you’ve not thought of, that could increase your liability risk. Life is continually changing and often that affects your insurance exposures. Below are some coverage options with our companies that can help address your changing risk.
AVAILABLE LIABILITY LIMITS
Coverage for bodily injury, personal injury and property damage sustained by a third party for which you are found to be legally liable is available up to $50,000,000.
PRIVATE LEGAL COUNSEL
Coverage for fees associated with consulting your personal attorney during a covered loss may be provided.
DIRECTORS & OFFICERS
If you serve as an unpaid board member of a not-for-profit and the not-for-profit does not purchase Directors & Officers liability coverage to protect its directors and officers, you can be sued arising out of your duties. Excess liability coverage may defend you and pay any damages you are legally obligated to pay up to your policy limits as a result of a court decision.
Family disputes can be irrational and often escalate themselves when money is involved. Legal defense and damages resulting from your actions as a trustee of a family trust may be covered.
OTHER AREAS OF EXPERTISE
The most cost-saving method of purchasing insurance for you is to package all your insurance together with the same company and agent, when possible. See how we can enhance your other insurance needs below.
© 2020 SHEWCHUCK INSURANCE AGENCY, INC.
This website provides only a general description of Shewchuck Insurance Agency and is not a statement of contract. Not all features or discounts described on this website are available in every state or from every carrier and total savings and premiums may vary. We offer coverage from selected standard market carriers.