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Monday - Friday 8:00a - 5:00pm
Saturday - Sunday Closed
Special appointments can be made

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Somerset: 814-443-6567
Confluence: 814-395-3022

Personal Umbrella

If you are concerned that your homeowners or automotive policy coverage is not enough to cover the potential cost of damage, you may want to consider a personal umbrella policy. Meant to provide added protection, umbrella policies start paying once you’ve reached the limit of your standard policy. In the event of extreme circumstances or to cover expensive items, an umbrella policy can save you a countless amount of money when unforeseen circumstances arise.

Consider this. You have a large party at your home with several guests. Things get out of hand, and someone at the party loses consciousness in your pool. You are found liable for your guest’s subsequent brain damage in court. The court requires you to pay $1.5 million in a personal injury claim. However, your homeowners insurance only covers $500,000. If you don’t have additional insurance, you may be paying an additional million dollars out of pocket. The circumstances surrounding your case affect your career, turning an accident into a devastating loss.

Umbrella policies may include:

  • Personal injury and property damage claims coverage
  • Personal liability coverage, regardless of the location of the incident
  • Defense coverage for policy covered losses, including court fees and lawyer expenses
  • International coverage
  • Additional financial coverage for automotive claims

A personal umbrella policy is usually available starting at $1 million, for which your rates will be between $150 and $200 on average per month. Personal umbrella policies are usually determined on a case-by-case basis. Not everyone needs an increased amount of coverage. To evaluate whether an umbrella policy to improve your homeowners and automotive policy is right for you, consider the total value of your assets, foreseeable risk, and the potential to lose your ability to generate income.

If you are unsure about whether a personal umbrella policy is right for you, get in touch with our team of agents at Mosholder Insurance Agency. Since 1922, we’ve been helping clients determine the best policies and amounts to provide the best protection in the event of an accident. Contact us today at (814) 443-6567 for our Somerset office or (814) 395-3022 for our Confluence office.

Hours of Operation

Mon - Fri
8:00 am - 5:00 pm

Sat - Sun
Closed

Special appointments can be made.

Confluence

616 Logan Place
Confluence, PA 15424

814-395-3022 Office
814-395-5436 Fax

Somerset

135 West Main St.
Somerset, PA 15501

814-443-6567 Office
814-443-2453 Fax
814-535-7756 Johnstown

Contact

Somerset
135 West Main St.
Somerset, PA 15501

814-443-6567 Office
814-443-2453 Fax
814-535-7756 Johnstown

Confluence
616 Logan Place
Confluence, PA 15424

814-395-3022 Office
814-395-5436 Fax