A personal umbrella policy and family injuries.

A personal umbrella policy provides robust coverage against a variety of potential risks and high limits, which is why many individuals consider this valuable policy. Before you purchase a policy, however, it’s wise to know what type of protection you are acquiring. Most personal umbrella policies will not cover injuries that immediate family members suffer.

Personal umbrella insurance protects against injuries caused to others – not your family members. It works to safeguard you against liability related to harm that you cause to others. Harm may include injuries that are deemed your fault. For example, if you unintentionally cause a co-worker to fall and injure themselves, he or she could hold you responsible for medical expenses, rehabilitation costs, and lost wages. Your home insurance would handle some liability, but if the expenses exceeded your coverage, your umbrella policy would kick into effect.

If the same scenario occurred to your family member, you could not rely on your umbrella coverage to step in to help. Family members are often considered policyholders. Umbrella insurance is designed to protect policyholders from lawsuits, not to pay their medical bills.

To protect your family against injuries they sustain, you need a good medical insurance policy. Additionally, other insurance policies, such as auto insurance coverage, may also include coverage for policyholders who are hurt in specific situations.

Umbrella insurance can be complex and difficult to understand at first. If you have any questions about umbrella coverage and how it can help you, contact the team at Tompkins Insurance Agencies for help finding the right solution for your family.