Personal Umbrella Liability Insurance

Did you know that dollar for dollar, personal liability insurance is the most economical insurance available in todays market place?

Personal liability provides for damages that you are legally liable for. This includes incidents occurring at your home and/or caused by you, residents of your household or your pets. Here are some common examples: your dog bites someone, a guest falls down your front steps, someone gets hurt in your swimming pool, your child accidentally injures another child.

Whether at home, vacationing in another state or in another country, it provides coverage for personal liability losses, defense cost and even loss of income.

A lawsuit can be devastating emotionally and financially. If a judgment against you exceeds the liability coverage of your auto or homeowners insurance your personal assets can be seized. Umbrella insurance can help protect what you've worked a lifetime to build.

Consider the following factors of an umbrella policy: The value of the current assets you need to protect. Do you have a swimming pool? Are you involved in activities that put you at a greater risk? Do you have teenagers?

If you are interested in an Umbrella quote, come see us in the Personal Insurance Dept!

Courtesy of Barbara Ordille - Personal Insurance Department

Protecting Your Business with Employment Practices Liability

Hardly a day goes by when we don’t hear about a disgruntled employee threatening to sue his or her employer. Allegations of discrimination always seem to draw media attention and there rarely are follow-ups when the employer is found innocent of any wrongdoing, which happens in the majority of cases. That still means that the employer spent many dollars defending the case. Employment Practices Liability Insurance remains a coverage that is readily available, but rarely purchased.

EPLI premiums total more than $1.44 billion and cover nearly 217,000 business locations, according to MarketStance, Middletown, Connecticut. However, that leaves more than 8.4 million business locations going bare. Adding protection for employment practices may wind up adding very little to a business’s total insurance bill, but it will offer a layer of protection that could be critical. Simply defending against a lawsuit can be quite expensive, even when your client wins.

If you know any business owners who might be interested in adding this vital coverage, please have them contact the Commercial Insurance Department.