In the blink of an eye, a multimillion dollar lawsuit could jeopardize your home, car, property, savings, investments and even your future income. In most cases an umbrella policy will provide additional coverage for:
In order to purchase Safeco umbrella insurance, you must also have a Safeco auto policy with a certain amount of liability coverage. Other than that, your Safeco umbrella policy will provide an extra layer of liability protection for any other Safeco policy and for most other policies with insurance companies.
For certain types of liability claims, a Safeco umbrella policy covers not just you but your spouse and all family members living in your household and while traveling anywhere in the world. For example, your auto policy may not cover you while driving in a foreign country, but your Safeco umbrella policy will.
Legal defense fees, which could add up to thousands of dollars, are also covered, win or lose, for all claims covered by your personal umbrella policy and not covered by your underlying insurance policy.
Umbrella insurance is available in $1 million increments up to a maximum of $5 million.
Your local Safeco agent can offer personal advice about product availability in your area and how much coverage is right for you.