Our Personal Umbrella product for Preferred Applicants is designed for households without drivers under the age of 23 or over the age of 75 and who do not have local or national name and face recognition. Pricing can be as low as $160 and rewards risks with clean driving records. This product is available on an admitted basis in more than 40 states.

Ineligible Personal Umbrella Preferred

Please note we cannot offer coverage to the following:

  • Risks in the name of a corporation

  • Underlying coverage written on a commercial form (exception is business auto)

  • Household individuals convicted of a felony in the past five years

  • More than two major violations in the household

  • Operator over age 22 with a DUI lives in same household as a youthful operator

  • Primary residence located in AK, LA or WV

Available Coverage for Personal Umbrella Preferred

  • True umbrella coverage

  • First dollar coverage for non-owned boats, RVs or autos outside of the U.S.

  • No self-insured retention

  • Worldwide coverage

  • Broad definition of bodily injury

  • Personal injury included at no charge if covered by primary policies

  • Coverage provided by an A.M. Best rated A++ company

  • Limits of $10 million offered for any preferred applicant (max is $5 million in FL, $1 million in AL, IN, MS, NH and VT)

  • Excess UM/UIM offered up to $1 million in most states

  • Driving record discounts of up to $40 per risk available

Coverage Limits Available for Personal Umbrella Preferred

  • Up to: $10,000,000 for preferred risks

  • $5,000,000 for all other risks/all risks in FL

  • $1,000,000 for risks in AL, IN, MS, NH or VT as well as risks in FL with youthful operators

  • $1,000,000 excess uninsured/underinsured motorist coverage for most risks ($25,000                                                                                                     included at no charge)

  

 

Claim Example for Personal Umbrella Preferred

Internet Blogger: The insured’s daughter hated math class as well as the teacher. The daughter made several “disparaging” and false remarks about her teacher online. The teacher sued the parents for personal injury and $750,000 was paid.

Faulty Furnace: The insured’s tenant claims she became ill from carbon monoxide poisoning resulting from a faulty furnace. The tenant claimed permanent brain damage and demanded $750,000.

Coaching Circumstances: A teenager, who was destined for greatness as a softball player, filed a $700,000 lawsuit against her former coach, alleging his “incorrect” teaching style ruined her chances for an athletic scholarship.

Falling Concrete: A hillside on the insured’s property was covered with concrete to prevent erosion. The concrete had been installed before the insured purchased the property. Approximately 5 feet of the concrete fell to the neighboring property knocking the claimant’s home from its foundation. The resulting claim was settled for $970,000.

Paintball Misfortune: The insured permitted several of her children and their friends to play paintball in her large back yard. The children were experienced and advised of all the safety rules including the use of headgear at all times. A participant removed her headgear as she was leaving the field in order to better hear someone calling her name. The minor claimant was hit in the eye resulting in a $475,000 settlement.

Beach Explosion: The insured's hosted a beach party for their daughter. One of the attendees found what was believed to be an empty and discarded propane tank. The tank was thrown into a beach bonfire and subsequently exploded resulting in severe injuries to several guests. A $20,000,000 claim was filed alleging the insured failed to properly supervise the party.

You must be an appointed USASIA Insurance Services retailer to use these programs. Quotes obtained via these programs will only be bound IF you are a previously appointed retailer with USASIA. PRIOR TO BINDING, check with your branch to determine any and all applicable taxes and fees. If you need additional pricing considerations on any web quote received via these programs or if your submission is declined, please call your USASIA representative.

Personal Umbella

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