Are you really protected?
Whether it’s a serious at-fault auto accident or an
incident on your property, you can quickly find yourself
responsible for damages that exceed the limits on your
auto, homeowners, renters or boat policy. And an
expensive judgment is the last thing you want to worry
about. A Travelers Umbrella policy can help protect your
assets and provide additional insurance protection.
Will your primary insurance policies be enough?
Auto, homeowners and other property insurance liability limits
may not be adequate to cover a large court judgment. The example
to the right shows how easy it is to find yourself without enough
coverage – even if you have high liability limits on your auto or
property policy.
Enjoy peace of mind
To make it easy for you to get the right level of coverage for your
specific needs, we offer limits ranging from $1 million to $10 million
for customers meeting eligibility criteria. And, when you require
legal defense for a covered claim, the policy helps cover defense
costs such as attorney’s fees and other expenses.
At Travelers, we’re committed to bringing you innovative
insurance solutions
It’s a commitment built on our more than 160-year heritage of
industry-leading firsts – from issuing the first auto insurance policy
to pioneering identity fraud expense reimbursement coverage, and
discounts on hybrid vehicles.
Today, our personal insurance offerings include homeowners,
condominium, renters, automobile, boat and yacht, and wedding
and valuable items. Our full line of companion coverages offers you
the convenience of dealing with just one company.
To secure this additional liability protection, contact a Travelers
independent agent today.
Protect what’s important with a Travelers Umbrella PLUS® Policy
EXAMPLE OF COVERAGE
The driver in this fictional example was involved in
an at-fault accident that resulted in serious injuries
to the other driver. The at-fault driver was sued, and the
lawsuit resulted in a judgment as shown below.
Because this judgment was greater than the driver’s auto
limits and the driver still owes an additional $1 million on
the judgment, his personal assets (i.e., money in the bank,
investments, personal property, etc.) could be at risk. An
umbrella policy with a limit of $1 million would have helped
avoid the gap in coverage. With rates for around $17 per
month,* a Travelers Umbrella policy is valuable protection.
Your agent can work with you to develop a customized “At Risk”
worksheet to determine what level of coverage is appropriate
for your needs.
- For a policy with a $1 million limit of liability and standard deductibles. Policy is for a single-vehicle risk with no youthful operators. The price also assumes that the named insured’s personal auto insurance is with a Travelers affiliated company. Actual price will vary. Rates vary by location, amount of coverage, and
underwriting characteristics, and are subject to change. The price is based on the rates in effect as of the date of this brochure. Price does not include the monthly installment fee that applies in most states.
Judgment amount: $1,500,000 Auto liability limit: $500,000
(maximum payout on the policy)
Gap in coverage $1,000,000 (what the driver owes)