Personal Liability Umbrella Policies Help Protect You from Insurance Liability

You work so hard for what you have, and now, you’re facing a claim for damages because of an accident that resulted in injuries to someone or a loss to their property. Your underlying policies may provide substantial insurance liability limits, but they may not be enough to protect you from personal exposure or financial disaster.

One Major Insurance Liability Claim or Lawsuit and You Could be at Substantial Financial Risk


Injury and property losses can be significant. Judgments amounting to thousands or even millions are being awarded by juries across the country in increasing numbers. Even though your underlying policies (like auto, homeowners, or boat owners) may provide substantial liability limits, it may not be enough. A Personal Liability Umbrella Policy (PLUP) may provide the additional liability coverage you need to protect your financial future.

Examples of when a Personal Liability Umbrella Policy may protect you.

Auto — While driving, you change lanes and cause an accident. The accident results in multiple injuries to passengers of another vehicle.

Home — While cooking, you leave your stove unattended. In addition to damaging your property, the fire also damages your neighbor’s property and injures your neighbors. That means you may have to pay for any repairs to your neighbor’s dwelling as well as any of their claim for injuries.

Home — While on your property, a guest slips on your sidewalk or falls from your trampoline. The injured person could file a claim against you.

Boat — While operating your boat, you hit a water-skier and cause serious injury. There are damages for injuries over the underlying liability limits of your boat owners policy.

Other Features of a Personal Liability Umbrella Policy

  • A Personal Liability Umbrella Policy provides you additional liability protection within your budget.
  • It may provide you protection against personal injury claims for some situations that may not be covered by your underlying auto or home policy, such as defamation of character, libel, or slander.
  • It may provide you coverage to pay for some legal costs to defend claims or lawsuits brought against you.
  • It provides you coverage in increments of $1 million.

It’s Your Financial Future … Protect it with a Company You Can Trust

Why should you choose The MIA Group?

  • Life changes. Let our asset protection advisors help you manage your changing insurance and financial needs, from starting a family to buying a home to planning for retirement.
  • We’re here when you need us the most. We have access to a variety of products and a wealth of resources so we can create innovative solutions to address your specific needs, therefore, reducing risk exposure.

Business Professional Liability Insurance

Every small business is at risk of a lawsuit, whether from error or negligence or from a claim of discrimination, harassment, or wrongful termination. The MIA Group can offer a variety of business property and liability insurance packages, as well as umbrella and special liability solutions, to help protect your organization from costly legal judgments, settlements, and defense fees. Your advisor can help you select coverage for your business needs.

Commercial Liability Umbrella Policy

Your business property and liability insurance package can help protect you from lawsuits up to a certain limit. It may take only one substantial judgment or settlement to put you at financial risk. A Commercial Liability Umbrella Policy can provide the extra financial protection your business needs. Available in $1 million increments, it offers broad coverage at a sensible price.

Professional Liability

A disgruntled client might file a lawsuit claiming you’ve been negligent or made an error or omission while performing your services. Luckily, you can minimize financial hardship and help protect your future with a Professional Liability policy. We have access to coverage designed specifically for:

  • Architects and engineers
  • Accountants and related businesses
  • Dentists

Employment Practices Liability Insurance (EPLI)

If you run a business, you face a serious risk of being sued by an employee or applicant for discrimination, wrongful termination, or sexual harassment. Damages can include compensatory awards, and these allegations aren’t covered by most general liability policies. An EPLI policy can help protect you and your business in the event of wrongful employment practice claims.

Not-for-Profit Organization Liability with EPLI

Nonprofits aren’t immune from liability, harassment, discrimination, or wrongful termination lawsuits — and even if the court decides in your favor, you could be stuck with a substantial legal defense bill. A Not-for-Profit Organization Liability policy, which includes EPLI, can help protect your organization from these claims. It also covers your nonprofit’s directors, trustees, officers, employees, committee members, and volunteers.

Errors and Omissions Liability

Do we make mistake? Sure we do. But even an innocent error could lead to a client bringing a lawsuit against you for negligence. An Errors and Omissions Liability policy can help you and your company pay for legal judgments or settlements. It also covers defense costs, which can be substantial even if you’re not found liable.

Ask About Personal Insurance

Personal Insurance products can provide the additional coverage you may need, as your Homeowners Policy may have significant deductibles and limitations. With a personal insurance policy, your risk exposure can be quite significant.

Personal Articles Policy

The Personal Articles Policy may cover valuable property against more causes of loss than your Homeowners Policy and with no deductible. Some of the items eligible for coverage under a Personal Articles Policy include:

  • Jewelry
  • Furs
  • Cameras
  • Musical Instruments
  • Silverware/Goldware
  • Golf Equipment
  • Fine Art (such as oriental rugs and paintings)
  • Collectibles
  • Sports Equipment
  • Computer Equipment

Personal Liability Umbrella Policy

Thousands and even million dollar judgments are being awarded by juries across the country in ever-increasing numbers. If you accidentally injure someone or damage their property, you could be the one being sued. Even though your underlying policies may provide substantial liability limits, it is not uncommon today for juries to award damages that exceed those limits.

The Personal Liability Umbrella Policy provides an additional layer of personal liability insurance protection. This added protection could help you conserve your assets if you are found legally responsible for auto accidents, injuries to others occurring at your home, or injuries or damage arising from your personal activities. The minimum coverage amount is $1,000,000, and additional protection is available in $1,000,000 increments.

If you have questions about this coverage contact your MIA advisor.

Positive SSL