A personal umbrella policy in Kentucky is designed to protect you in the event your personal liability insurance limits are exhausted. In today's society, it's becoming more common that you may be sued and the amounts, many times, can be very large.
Some accidents that may result in higher damages that a typical policy might include dog bites, massive home damage, injury to guests or house workers. However, the most common large claims are coming from auto accidents.
Many times, the average auto insurance accident claim is around 10-20 thousand dollars, but there are thousands of claims that occur over $100,000. A typical auto insurance policy may not cover these large amounts, and that is where a umbrella policy is beneficial.
You can add a personal umbrella policy to your home, car, boat or recreational vehicle at a very affordable price and obtain an additional $1 million in coverage.
Contact London Insurance Agency in London or the Insurance Service Center in Corbin if you have any questions about adding a personal umbrella policy.