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Protect your personal successYou’ve worked very hard to become successful. Yet many people like you have faced financial ruin at the losing end of a devastating lawsuit. The dollar value of judgments granted for personal liability lawsuits is soaring, and today’s awards for accidents resulting in death can easily reach seven figures.With no protection, some victims are paying out dollar amounts of a half million, a million and more from their own pockets. You still have a chance to protect yourself with a personal blanket excess liability policy (often referred to as an umbrella policy) from Harleysville. This coverage takes over once the basic coverages—provided in your existing homeowners or auto policy—are exhausted. Up to $5 million in additional protection is provided per occurrence. Here’s how this coverage works: Suppose you lose an $800,000 lawsuit. Your primary coverage pays up to the limit of the policy, say $100,000. Your umbrella policy then takes over and pays the remaining $700,000. Not only that, the policy expands your protection to include such personal injury claims as false arrest, libel, slander, invasion of privacy and wrongful entry or eviction. And all these coverages are provided on a worldwide basis. Want to know more? Contact an agent in your area. Or, get in touch with our office nearest you.
Note: These coverages are not available in all states. In the event there are discrepancies between this information and your policy, the terms of your policy will govern. Consult your independent insurance agent for more information.
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