Underinsured/Uninsured Personal Liability coverage pays your costs when those who are liable lack insurance
You’re helping a good friend move into his rented home when you trip on a piece of loose carpet while carrying heavy furniture up a flight of stairs. Not only are you unable to help your friend complete his move, you require medical attention that could prove costly.
Your friend, who obviously feels terrible about what happened, is legally liable but does not have insurance. Your medical costs are an unexpected expense, to say the least, even though you have medical insurance.
Will you be stuck with the bills? Do you sue your best friend?
Underinsured/Uninsured Personal Liability coverage protects you in the event of damages incurred when others are liable and are themselves uninsured or underinsured.
How the Coverage Works
Our coverage works just like the kind that protects you from damages caused by uninsured or underinsured motorists, with the primary difference being that it covers bodily injury, property damage, and personal injury resulting from occurrences not involving an auto.
The coverage provides a strong safety net for incidents that occur through negligence you might not anticipate. What happens if your child slips and falls at a neighbor’s pool, or if the neighbor’s dog bites your child but the neighbor is not insured, or is underinsured? The medical bills could devastate your life savings.
As part of the Fireman’s Fund approach to family safety and security, the coverage is available as an add-on to its Prestige Excess® liability policy.
Having enough financial protection to cover injury expenses not covered by the responsible party is essential. Our innovative policy fills a coverage gap common in most risk management portfolios.
And considering all that’s covered, the costs are very reasonable – as low as $125 annually for $1 million in protection. Contact your independent agent for more details.