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Million-dollar judgments are not uncommon today, including when it comes to automobile and homeowners liability lawsuits. And while standard Homeowners and Auto Coverage insurance policies can provide enhanced liability limits, these will not be enough in the event of a serious accident or injury. That’s where Umbrella insurance comes in, providing you with added security.
A study by Jury Verdict Research cites:
Without additional coverage, multi-million judgments in today’s litigious environment can leave you with insufficient insurance.
Goodrich & Watson provides clients with an Umbrella policy designed to respond in the event of a loss when the liability limits of your Auto or Homeowners insurance policy are exhausted. This protection operates in concert with your basic coverages to offer more protection for risks of bodily injury and property damage, along with coverage for other risks that your regular policy may not insure.
Our staff will tailor an Umbrella policy that works for you based on your specific financial circumstances. And, for those with significant assets, we can provide a high-limit Umbrella policy.
We look forward to speaking with you about your umbrella insurance needs. Please give us a call at 757-591-2032 to find out how we can help protect you today and into the future.