Lawsuit Protection
Prepare now for access to deep pockets in the event that you are sued.
Liability Insurance: Even though the claim may be frivolous, your assets and activities can expose you to a lawsuit from someone else. Liability insurance pays for the cost of a defense, and provides proceeds to pay for an out-of-court settlement or a court judgment against you.
Check your automobile and homeowners insurance policy limits to see how much liability insurance you have.
Umbrella Insurance: This is an extra layer of liability insurance that helps in at least three ways:
- Compensates the other party from your negligence.
- Gives you peace of mind that you provided a source of funds to repay those suffered from your negligence.
- Helps to further protect your assets from awards or judgments.