Why Should You Consider an Umbrella Policy?

Printer Friendly

You've worked for years to be where you are - to save for retirement, own a nice home, a car or two, maybe even a boat. These aren't just markers of a successful life; they are your family's financial future and security. All of it could be at risk as a result of an accident or liability lawsuit.

Accidents Happen

If you were to cause a major auto accident involving major property damage and/or extensive injuries to other parties, your hard-earned assets could be at risk. The cost of the property damage, injuries to other parties, and/or subsequent lawsuits could quickly and easily exceed the limits of your auto insurance. That's why you should consider a GEICO Personal Umbrella Policy. It steps in to protect you over and above your auto policy limits. An umbrella policy can help protect your assets and prevent financial hardship.

Lawsuits are Costly

You're having a graduation party and someone slips, falls, and sustains injuries. The person you thought was a friend turns out not to be and sues you. In this day and age, it's not that uncommon. We live in a society where filing a lawsuit is more the norm than the exception. In today's litigious society a liability claim could destroy your financial security. Settlements and attorney's fees can add up quickly – causing you to dip into your hard-earned assets if you don't have enough insurance coverage.

A GEICO Personal Umbrella Policy can protect your assets. It steps in to protect you over and above your homeowners policy limits. Essentially, it "takes over" when your homeowners policy falls short.

The Protection You Need

The GEICO Personal Umbrella Policy offers protection over and above your auto and homeowners policies. Coverage limits start at $1 million and can go as high as $10 million for qualified applicants. And rates are lower than you may think.

In an event of a loss, you'd first exhaust your homeowners or auto liability coverage, and then the umbrella policy would begin providing coverage.

An umbrella policy covers a wide variety of liability situations and is protection you should seriously consider.

Call GEICO at 1-800-841-4915 to learn more about protecting your family's financial security with the GEICO Personal Umbrella Policy.

GEICO's Quality Service

As a GEICO auto insurance policyholder, you're familiar with the outstanding, 24-hour service GEICO provides. The same holds true when you're a GEICO Personal Umbrella policyholder–you can reach us anytime to report a claim or ask a policy question. There will always be a knowledgeable insurance professional available to help you right away.

Review Your Policies Annually

Your financial situation changes over the years. The auto and homeowners policies you bought ten, five, or even one year ago might not have enough liability coverage to protect you from lawsuits in this unfair world.

Call GEICO at 1-800-841-4915 today. Our insurance specialists will discuss with you your coverage and limits. The cost of adding more liability coverage to your policy could be surprisingly small.