Alberta Umbrella Liability Insurance
Lawsuits are far more common today than they once were, and juries are awarding hundreds of thousands of dollars in damages. If an accident occurred and you injured someone or damaged his or her property, you could find yourself liable, facing the possibility of a financially devastating judgment.
Although your home, condo, tenant, auto, motorcycle, motorhome, watercraft, or seasonal residence insurance policies all likely include liability insurance, the primary coverage might not be enough if a jury awarded damages that exceeded the underlying limit. An Umbrella Liability policy supplements your existing liability insurance and can provide you with a higher level of protection with higher limits.
Umbrella insurance is a very affordable type of liability insurance that shields your assets and future income more. It is called “Umbrella” coverage because it protects against liability claims from policies under it, such as homeowners or car insurance. It offers protection over and above the coverage your primary insurance provides and is usually sold in $1,000,000 increments.
Bow Valley Insurance represents several of the leading liability insurance providers in the business, so we know we can find the right insurance coverage for you. We are happy to shop around to find the most competitive rates while still providing all the coverage you need. We will even provide you with a rate comparison! Call us today at (403) 297-9400 or 1-800-332-1308, and one of our insurance specialists will explain how an umbrella policy can provide the protection you need.
Note: Coverage is subject to policy wordings, terms, conditions & deductibles. Protection is limited to the peril, coverage, exclusions, limits etc. as shown on the policy