RLI Umbrella Policy for Personal Asset Protection

RLI Umbrella Policy for Personal Asset Protection is a type of insurance that provides additional liability coverage beyond what's offered by standard policies.

This extra layer of protection helps safeguard your personal assets, such as your home and savings, from being seized to pay for lawsuits or settlements.

Having an RLI Umbrella Policy can give you peace of mind, knowing that your personal assets are better protected in case something goes wrong.

By adding this extra layer of coverage, you can enjoy greater financial security and reduced stress.

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Life can sometimes throw you curveballs, and that's where a personal umbrella policy comes in. It provides an extra layer of insurance above and beyond the existing limits of your homeowners and auto policies.

A personal umbrella policy covers injuries, property damage, certain lawsuits, and personal liability situations, giving you extra protection for your home, car, boat, or recreational vehicle.

The RLI Personal Umbrella Policy is an unsupported umbrella policy that does not require underlying policies to be underwritten by RLI.

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Having extra insurance can be a lifesaver, especially when unexpected situations arise. A personal umbrella policy provides an extra layer of insurance above and beyond your existing limits.

Life can sometimes throw you curveballs, and a personal umbrella policy can help protect you from financial ruin. This type of insurance covers injuries, property damage, certain lawsuits, and personal liability situations.

Your primary insurance may have payout limits, but a personal umbrella policy kicks in to provide more coverage when needed. This extra protection can give you peace of mind and financial security.

In situations where your primary insurance reaches its limits, a personal umbrella policy can help cover the remaining costs.

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Life can sometimes throw you curveballs. A personal umbrella policy provides you with an extra layer of insurance above and beyond the existing limits of your homeowners and auto policies.

Umbrella insurance covers injuries, property damage, certain lawsuits, and personal liability situations. This extra layer of protection can give you peace of mind and financial security.

A personal umbrella policy can be purchased over and above what you have with your current carrier, offering flexibility in choosing your underlying coverage and personal umbrella coverage. This means you're not locked into buying both from the same carrier.

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A personal umbrella policy provides an extra layer of insurance coverage beyond your existing homeowners and auto policies, offering protection against injuries, property damage, lawsuits, and personal liability situations.

This extra layer of protection kicks in when your primary insurance reaches its payout limits, giving you more coverage for your home, car, boat, or recreational vehicle.

RLI's personal umbrella policy offers limits up to $5 million, which can be a lifesaver in the event of a costly lawsuit or accident.

You can keep your current homeowner or auto insurer, and even new drivers are accepted with no age limit.

One DWI/DUI per household is allowed, and you can have auto limits as low as 100/300/50 in certain cases.

Here are some benefits of the RLI Personal Umbrella Policy:

With a personal umbrella policy, you can have peace of mind knowing you're protected in case of an unexpected event.

A personal umbrella policy provides a safety net to cover large lawsuits that may leave your savings and future income depleted.

Expert legal representation is also provided by a personal umbrella policy to help navigate complex lawsuits.

Injuries, property damage, certain lawsuits, and personal liability are all covered by a personal umbrella policy.

Having a personal umbrella policy can give you peace of mind, knowing that you're protected in case of unexpected events.

A personal umbrella policy kicks in when your primary insurance reaches its payout limits, providing more coverage for your assets.

Protecting your assets against possible lawsuits or judgments is an important consideration for anyone looking to safeguard their financial future.

The RLI Personal Umbrella Policy offers a range of benefits to protect your assets and provide peace of mind. It covers operation of most motor vehicles and small watercraft, giving you the freedom to enjoy your hobbies without worrying about unexpected expenses.

Incidents involving property covered by your basic homeowners policy are also covered, including damage to your home or other personal property. This means you can rest easy knowing you're protected in case of accidents or unexpected events.

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The policy also provides coverage for incidents alleging slander, libel, defamation of character, invasions of privacy, and false arrest, which can be costly and emotionally draining to deal with.

Excess underinsured/uninsured motorist coverage is also offered in all states and Washington D.C., providing an added layer of protection in case you're involved in an accident with someone who doesn't have insurance. This is especially important given that 12.6% of drivers in the US are uninsured, according to a 2019 study by the Insurance Research Council.

A personal umbrella policy can provide a safety net to cover large lawsuits that may leave your savings and future income depleted. This extra protection can be especially important for those with significant assets to lose.

You can choose from limits up to $10 million available, making it a valuable addition to your insurance portfolio. This high level of coverage can give you peace of mind and financial security.

To give you a better idea of the extra protection options available, here are some key features to consider:

Anderson & Murison's Primary Features offer a range of benefits that can enhance your protection options.

Anderson & Murison's Primary & Excess Umbrella Features are ideal for risks that have drivers with multiple violations/accidents. This is a significant advantage for those who have a history of accidents or traffic infractions.

One notable feature is that limits up to $10 million are available, providing a substantial safety net in case of a major lawsuit. This high limit is a major selling point for those who want extra protection.

The company will consider high-profile personalities such as elected officials, athletes, media personalities, and entertainers, which is a plus for those in the public eye. They will also consider risks with prior liability losses exceeding $25,000.

Anderson & Murison's Primary Features also allow drivers over age 75 to be accepted with two violations, and drivers under age 22 can have minor violations. This is a more lenient approach to underwriting than some other companies.

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A driver exclusion endorsement is available for drivers with unacceptable driving records, which can be a lifesaver for those who have had a few too many accidents. This endorsement allows you to exclude drivers from the policy, which can help keep premiums lower.

Anderson & Murison's Primary Features are written on A-rated Scottsdale paper, which provides an added layer of security and stability. This is a major advantage for those who want to know that their insurance company is financially sound.

If you operate a small business from your home, you might find it challenging to find affordable insurance through conventional commercial lines. RLI's In-Home Business Policy (BOP) is designed for just this situation.

This policy is specifically targeted for small retail and service businesses that present minimal product liability, professional liability, and/or off-premises exposure.

With RLI's In-Home Business Policy, you don't have to worry about access fees or minimum volume requirements.

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Having a personal umbrella policy can give you peace of mind, knowing that your family and assets are protected from unforeseen circumstances.

You can sleep better at night knowing that your teenager in college has enough coverage if an unexpected event occurs.

RLI's personal umbrella policy is designed to meet coverage needs that your personal auto, renters, or homeowners policy does not.

A real life scenario illustrates the importance of having a safety net in place. An RLI personal umbrella policyholder hired a friend to replace a dock on the lake behind his house.

An accident occurred while removing some trees to get the old dock out of the water. The policyholder used a backhoe and a limb hit his friend.

Homeowners' insurance paid out to its maximum limits, but there was still a balance of $800,000 owed for medical expenses. The RLI Personal Umbrella policy paid the remaining $800,000, avoiding any out-of-pocket expenses for the policyholder.

Having a personal umbrella policy can provide peace of mind, especially when it comes to protecting your family and assets from unforeseen circumstances.

The RLI personal umbrella policy is designed to meet coverage needs that your personal auto, renters, or homeowners policy does not.

You can sleep better knowing that your whole household is covered, regardless of age.