Incident: The insured hired a friend to replace and install a new dock on the lake behind his house. During the construction, the friend requested some trees be removed in order to get the old dock out of the water. The insured used a backhoe to knock the trees. While knocking down one of the trees, a limb hit the friend on the head and neck.
Outcome: The underlying insurance coverage limits were paid out, but there was still a balance of $800,000 for the claim. The RLI Personal Umbrella paid out the remaining $800,000, avoiding any out of pocket expenses for the insured.
A personal umbrella policy will increase your overall liability coverage with an extra layer of protection beyond the basic coverage provided by your homeowners and insurance policies.
Call Pallant Insurance to discuss purchasing an Umbrella Policy 954-522-3800.