With jury awards increasing, umbrella insurance becomes vital to a sound financial plan, particularly if you own a business, expensive home, or other high-value assets. You’ll also want to think about an umbrella policy if you have a teen driver in the house, travel or entertain a lot, or are early in your career with years of earning ahead of you.
To qualify for umbrella insurance, you must have both your auto and home insurance with PEMCO. Your auto liability levels must be at least $250,000/$500,000 for bodily injury and $100,000 for property damage. You also must carry homeowner liability limits of $300,000.
Read customer reviews for PEMCO umbrella insurance coverage and learn more about it in our Perspective newsletter.