It used to be that the only people who needed personal umbrella liability policies were wealthy individuals, who had sizable amounts of personal assets that would be at risk in a lawsuit. This isn’t true.
However, in our very litigious society, even individuals with modest incomes and assets are often subjects of large lawsuits. Since those with modest incomes are even less able to pay damages than a wealthy individual, Greene Insurance Group recognizes the need to provide coverage limits greater than what can be obtained from their homeowner insurance or car insurance policies. If you have savings, own a home, or are close to retirement or retired, you should strongly consider the protection a personal umbrella insurance policy offers.
