Jeremy David Financial and Insurance Services

Umbrella - Personal Liability

What would you do if a legal judgment against you was greater than your primary insurance limits?

Everyday you hear about high dollar judgments that have been awarded to injured parties. Accidents are bound to happen and today's litigious society paves the way for many additional high dollar lawsuits. A legal judgment against you, that is more than your primary insurance limits, could leave you in a financial bind for the rest of your life.

Take for Instance:

You are late for work and run a red light. As a result, your car hits a school bus and several young passengers are injured. One of the passengers is a 13-year old who suffers severe brain damage.

The family of the 13-year old sues you and receives a judgment for $750,000. Your primary automobile insurance coverage limit is $300,000. who pays the remaining $450,000? You do!

This type of judgment could involve attachments to assets like your:

Home
Paycheck
Savings Accounts
Stocks
Bonds
Mutual Funds
Car
Boat
Many more!

Personal Umbrella policy provides:

Up to $5 million additional financial protection for your family over your primary limits includes:

Bodily Injury
Property Damage
Libel
Slander
Wrongful Eviction
Defamation of Character

Minimum Primary Limits Required:

Automobile Liability -

* $250,000/500,000 - Bodily Injury and
* $100,000 Property Damage

Personal Liability -

* $300,000 - Comprehensive Personal
* Liability and Homeowners

Farm Liability -

* $500,000 - Farmers Comprehensive Liability

Watercraft Liability -

* $300,000 Watercraft Liability

Rental Owners Liability -

* $300,000 - up to 10 locations (not to exceed
* 4 units per location, total of 20 units

* Requirements may vary by state.

This website represents only an outline of the coverages provided
and may not be available in all states. Please refer to the policy for
specific wording and any applicable exclusions.

Jeremy David Insurance and Financial Services is licensed to do business only within the state of Texas.