$20.00-$30.00 a month can save you and your family from financial ruin

You insure your cars, your houses and maybe carry some liability insurance but overlook the one thing that can truly “save your bacon” if something really bad happens in your home ,on your property  or while driving your cars. The good thing is that what may be your savior, at least from financial ruin, costs only a fraction of those other policies.

I am talking about an Umbrella Policy, your best friend when bad things happen.

What is Umbrella Policy? It is an all purpose insurance policy that works like an “umbrella” over all the rest of existing coverage such as property, auto, home. It activates if/when the limits of any one of the aforementioned policies are exceeded by a judgment or claim levied against you or your family.



• Have a swimming pool? You need an umbrella policy.
• Have teenage drivers? You need an umbrella policy.
• Have sports cars? You need and umbrella policy
• Have a boat/rv/waverunners or motorcycles? You need an umbrella policy.
• Have considerable assets? You need an umbrella policy.

The limits even on “good policies” (those whose limits are many times those required by law)  for home and auto will only pay a fraction of what might be required if someone drowns in your pool, a kid  is severely injured while riding one of your off road vehicles, or your daughter, through no fault of her own, is involved in the death of pedestrian while driving to school. Insurance will usually pay out “the policy limit” immediately, pay for a civil attorney and they are done. The rest falls on you. Usually the plaintiff will sue from anywhere from three to ten times medical cost (in case of death, lifetime earning potential and pain and suffering of the family come into play) awards can easily top $1-3M dollars. Court judgements and/or out of court settlements can spell financial ruin for almost any family. And the more you have, the more exposure you have..

Say it doesn’t happen? It happens every day. I know, because it happened to me.

The good news is Umbrella Coverage is relatively inexpensive, usually running anywhere from $12-14 per month for $1,000,000 of coverage. A rule of thumb is add up all your assets; house, savings, retirement accounts, cars etc. and that is your “insurable need”. A $3M policy can be purchased online for under $30.00 per month. Just Google “Umbrella Insurance” and you will find a myriad of options.

DO WAIT ON THIS, DO IT TODAY! This is my gift to you. One day, and I hope it never will happen,  you may come back and thank me. 

Any questions, reach out and I will walk you through it.. 

Steve Catt

562-457-7700