What If Your Home or Auto Coverage Isn’t Enough?
A personal umbrella policy provides the extra protection you would need if you were sued for more than your current home, auto or boat liability limits, which may only be $100,000 to $300,000. Umbrella policy liability limits are available from $1 million to $5 million to help protect your assets and pay legal expenses. Request a quote or contact a local Meemic agent and find out why umbrella insurance is one of the best values for your insurance dollar.
What Is Umbrella Insurance and Do I Need It?
Many people don’t know what Umbrella Insurance even is, and most think they don’t need it. What they don’t realize is that their regular insurance only covers so much, and “so much” can end up being very little if crisis strikes. That’s why Umbrella Insurance can really be worth having, because it covers above and beyond the limits of regular policies.
What does it cover?
- Bodily Injury
- Property Damage
- Court Costs
- Personal Liabilities
What does it not cover?
- Personal Property
- Criminal Charges
- Flood Damage
When Should You Consider Umbrella Insurance?
If you have a pool on your property, a dog in your home, or a good chunk of money in your savings account, you might want to consider Umbrella Insurance. There are a number of reasons it can help you, especially if you’re physically active, you own properties, or you’re a prominent member in your community. These factors increase your chances of being sued, and having this extra coverage will give you peace of mind, knowing that if anything goes wrong, you’ll be covered past the limits on your regular policies.
Subject to underwriting eligibility requirements. Home and Auto insurance underwritten by Meemic Insurance Company, 1685 N. Opdyke Rd., Auburn Hills, MI 48326. Umbrella insurance underwritten by MemberSelect Insurance Company, 1 Auto Club Drive, Dearborn, MI 48126.