Personal Umbrella in Temecula, CA
A personal umbrella policy is the ultimate way to protect your assets and your future. In addition to your standard lines of coverage, a personal umbrella provides an extra level of protection.
There are many scenarios that would warrant the need for an umbrella insurance policy. We outline a few of them here.
Example #1: Your teenage daughter is babysitting the neighbor kids and leaves the house for a moment to run to the store. When she returns, one of the children is badly injured and requires surgery. The child’s medical bills exceed $300,000. The parents of the children sue you to cover the medical bills.
Example #2: Your son dislikes his gym class as well as the teacher. He goes on social media and writes some very reproachful comments about the teacher that leave him in a bad light. The teacher sues and is awarded $500,000.
Example #3: Your 17 year old child decides to pick up some friends and go “cruising” in your car. He loses control of the vehicle while showing off how fast the minivan is. Each child is critically injured. Your umbrella policy helps cover the medical bills.
A personal umbrella policy covers you when your auto, home or other personal lines insurance policy is exhausted. A personal umbrella policy is a great way to protect yourself from a lawsuit that not only can impact your current assets, but your future earnings as well. Unfortunately, everyone is a target for a lawsuit. The simple fact is that in today’s lawsuit-happy culture, the unfortunate scenario of being sued for damages that exhaust your other policy limits is a real possibility. Contact us today about a personal umbrella policy.
Frequently Asked Questions about Professional Liability Insurance
Is E&O insurance the same thing as Professional Liability Insurance?
Yes, E&O and Professional Liability Insurance are used interchangeably.
Who needs Professional Liability Insurance?
Any business professional who offers advice or services needs a Professional Liability insurance policy. These professions include, but are not limited to: attorneys, accountants, bankers, consultants, medical providers, web developers and many others.
What other coverages do I need besides Professional Liability Insurance?
It depends on your business, but other business insurance policies can include: Business Owners Insurance, General Liability Insurance, Workers Compensation and Commercial Auto to name a few.
Fadaie Insurance Services, Inc.
27290 Madison Ave Ste 100
Temecula, CA 92590
Temecula, CA 92590
Mo,Tu,We,Th,Fr 9:00 am – 5:00 pm
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Why Our Customers Buy With Fadaie
There is a reason to Buy with Fadaie. Having a personalized approach towards insurance makes the world of difference. Insurance can be complicated, but it shouldn’t be for you, the consumer. With over 80 years of experience you can be assured we know what we’re doing.