Most of us do not like to think about the possibility of something bad happening to us, our family, or someone we know, but bad luck can strike at any time and inadequate liability insurance coverage can be financially devastating. Unfortunate events like a car accident, a nasty fall down the stairs, or a dog bite can trigger lawsuits that may result in costly damages and injuries that exceed the liability amounts in your current insurance policies.
CAP Agency offers important group personal umbrella insurance, also known as Group Personal Excess Liability (GPEL) coverage, at competitive rates through an A+ rated carrier, Chubb Insurance.
An umbrella policy provides coverage above your homeowners and automobile coverage and offers more adequate protection for you and all family members residing in your residence.
Without an umbrella policy, your life savings, investments, future earnings, and tangible assets could be subject to seizure or garnishment if you are found at fault for an accident resulting in costly damages and injuries that exceed the liability amounts in your existing insurance policies. Umbrella insurance may also protect you from other claims, such as libel, false arrest, and more, that standard policies do not cover.
As a member of CAP, you can purchase an umbrella policy that provides $3 million in Excess Liability and $1 million in Excess Uninsured/Underinsured Motorist coverage for as little as $835 per year. Additional coverage amounts up to $10 million are available at similarly low rates. Plus, at any limit of coverage and at no additional cost, Chubb’s personal umbrella/excess liability coverage also includes $1 million in uninsured/underinsured motorist coverage — no underwriting required!
If you would like to learn more about this fantastic coverage and to enroll easily and immediately, complete an online application here, or call the experts with CAP Agency at 800-819-0061.