Additional liability coverage limits your exposure to lawsuits
Personal umbrella insurance provides an additional amount of coverage, up to $5 million, for any claims involving your personal liability. Third-party liability coverage helps to cover the legal fees and court-awarded settlements arising from any claim where you were held liable of causing damages to a person or their belongings. Umbrella insurance also covers many situations that are excluded by a normal home insurance policy, such as libel and slander.
At CanTrust Canada, we can help you assess whether you should get personal umbrella insurance or not. Call us today to get a FREE estimate.Â
How to decide if you should get personal umbrella insurance
- Get a sense of how much coverage you already have on your home and auto insurance policies.
- Note what’s currently excluded on those policies. Do you wish to protect yourself from the risk libel, slander or any other situation you’re not covered for?
- Do you travel a lot? Claims abroad can be costlier and more complex to settle. More coverage can definitely ease your mind.
Call your CanTrust Canada broker today to discuss the benefits of personal umbrella insurance.