Umbrella Insurance in Maine
It's Your Future. Let's Protect It.
Extra Protection for Your Financial Future
Accidents happen every day, and sometimes the cost of a lawsuit or serious claim can exceed the liability limits of your home, auto, boat, ATV, snowmobile, or other insurance policies.
Personal Umbrella Insurance provides an additional layer of liability protection above and beyond your underlying insurance policies. It is designed to help protect your assets, savings, future income, and financial well-being when a major claim or lawsuit occurs.
Who Needs Personal Umbrella Insurance?
Many people assume Umbrella Insurance is only for the wealthy, but anyone with assets to protect can benefit from this valuable coverage.
Personal Umbrella Insurance is designed for:
- Homeowners
- Vehicle Owners and Drivers
- Boat Owners
- ATV and Snowmobile Owners
- Seasonal and Vacation Property Owners
- Recreational Vehicle Owners
- Families with Teenage Drivers
- Individuals Who Entertain Guests at Their Home
- Dog Owners
- Property Owners and Landlords
- Anyone Who Wants Additional Liability Protection
In Maine, many families enjoy boating, snowmobiling, ATV riding, and owning seasonal camps or waterfront properties. These activities and properties can create additional liability exposures that may increase the need for higher liability limits and broader protection.
If you have savings, investments, retirement accounts, a home, camp, rental property, or future income you want to protect, a Personal Umbrella policy may be worth considering.
What Can Personal Umbrella Insurance Cover?
Coverage may provide additional liability protection for:
- Bodily Injury Claims
- Property Damage Claims
- Personal Injury Claims, Such as Libel or Slander
- Legal Defense Costs
- Serious Auto Accidents
- Injuries Occurring on Your Property
- Certain Recreational Vehicle and Watercraft Liability Exposures
- Liability Arising from ATV and Snowmobile Use
- Claims That Exceed the Liability Limits of Your Underlying Policies
For example, if you are found responsible for a serious auto accident and the damages exceed your Personal Auto Insurance liability limits, a Personal Umbrella policy may help cover the remaining costs up to the Umbrella policy limit.
The same may apply to certain covered claims involving your home, boat, ATV, snowmobile, or other insured exposures.
Coverage details vary by carrier and policy, so it is important to review your specific protection with an insurance professional.
Why Umbrella Insurance Matters
Your insurance policies are designed to protect you from everyday risks, but a serious accident or lawsuit can create expenses that go far beyond standard liability limits.
A major claim can impact more than your current assets. It may affect your savings, investments, future income, and financial goals. Personal Umbrella Insurance provides an additional layer of protection designed to help safeguard the things you have worked hard to build.
Having additional liability protection in place can provide confidence knowing you have taken steps to protect your financial future from unexpected events.
More Than Just an Insurance Policy
At Cheney Insurance, we understand that protecting your assets is about more than simply meeting minimum insurance requirements.
Our team takes the time to review your lifestyle, property ownership, vehicles, recreational activities, and overall liability exposures to help determine whether a Personal Umbrella policy makes sense for you.
As an independent insurance agency, we work with multiple insurance carriers to help find coverage options that fit your needs and budget.
We believe insurance should be more than just a policy. Our team is here to answer questions, explain coverages, identify potential liability risks, and help ensure you have the protection you need before an unexpected claim occurs.
Whether you're protecting your family, your assets, your camp, your waterfront property, or your future financial security, we're here to help every step of the way.
Let's Start A Conversation Today
A serious accident or lawsuit can happen when you least expect it. Personal Umbrella Insurance can provide an extra layer of protection when your underlying liability limits may not be enough to fully protect the life you have built.
At Cheney Insurance, our experienced Personal Lines team takes the time to understand your lifestyle, assets, and potential exposures. As an independent insurance agency, we work with multiple insurance carriers to help find umbrella coverage options designed around your needs and financial goals.
Contact Cheney Insurance today to learn more about Personal Umbrella Insurance and discover how additional liability protection can help safeguard your future.
