#Umbrella policies drivers#

If there is a conflict between this website and the policy, the policy provisions shall prevail. For specific coverage details and policy exclusions, refer to the policy itself or contact your Wayne Mutual agent. The coverages described above are presented in general terms and are subject to the actual policy exclusions and conditions.

Advertising liability - for alleged publication of material that slanders or libels a person or organization or disparages a person's or organization's goods, products or services alleged publication of material that violates a person's right of privacy alleged misappropriation of advertising ideas or style of doing business or alleged infringement of copyright, title or slogan.Ĭonsult your Wayne Insurance Group agent to find out which program will best suit your needs.

Plus, umbrella policies usually have a lower-cost premium compared to other types of insurance, especially liability insurance.

#Umbrella policies drivers#

Personal injury - for alleged acts of libel, slander, wrongful eviction, defamation of character, and other acts that may not be covered by your underlying policies Umbrella coverage usually starts at 1 million in liability protection, which can protect a lot of drivers or homeowners right off the bat.Bodily injury - for doctor bills, hospital expenses, ambulance bills and funeral expenses that may not be covered by your underlying policies.Property damage - for losses in excess of the liability limits of your Personal Auto, Homeowners, Farmowners or personal liability insurance policies.If you insure your auto, home, farm or business with Wayne Insurance Group, our Umbrella Programs can provide you with these important coverages anywhere in the world: The base umbrella programs provide coverage to a limit of $1 million, with additional limits up to $5 million available. Wayne Insurance Group offers three types of umbrella programs: the Personal Umbrella Liability Program, Farm Umbrella Liability Program and Commercial Umbrella Liability Program. An Umbrella policy provides an extra layer of security in the event of damage you cause to other people’s property or injuries you might cause to others in an accident.

We provide specialized insurance solutions for boaters, working with top-rated carriers and adhering to the highest standards.Umbrella programs extend your coverage beyond the liability limits of your Wayne Insurance Group Personal Auto, Homeowners, Mobile Homeowners, Dwelling Properties, Farmowners and commercial policies. The good news is you don’t have to figure out these comprehensive coverage options on your own.Ĭontact the marine insurance professionals at Global Marine Insurance to review your commercial marine insurance coverage and ensure that your marine assets are protected well. For example, it may be wise to consider environmental liability (including third party considerations such as bodily injury, damage to property, and business interruption) or workers’ compensation for marine businesses. Marine business owners face unique challenges and need to assess risks when determining which available commercial marine insurance options will protect them best. This type of commercial marine insurance policy is often selected by shipyards, for example.

Because it is designed with marine risks in mind, a bumbershoot may offer coverage for unique expenses related to collision and salvage as well as liability coverage that meets the standards set by the Longshoreman and Harbor Workers’ Act. Like other umbrella policies, bumbershoot policies provide broader coverage than underlying primary liability insurance policies. The umbrella policy will provide for excess insurance when the primary coverage is exhausted and potentially provides coverage not offered by the underlying policies for example, if you are sued for damages to someone else’s property or for accidentally causing injuries to someone.Ī bumbershoot insurance policy is a specialized kind of umbrella coverage intended for risks associated specifically with wet marine liability (but it could also apply to non-marine risks). Generally, an umbrella insurance policy is written over primary liability policies – perhaps general liability for a commercial enterprise, liability for a commercial marine vessel, and perhaps employer’s liability. If you have umbrella policy it offers excess coverage in case of catastrophic loss. Here’s what you need to know:Īn umbrella insurance policy works the same in commercial marine insurance as it does for other insurance coverage, for example home or auto. Thankfully with our commercial marine insurance specialists, you don’t have to figure it out on your own.

When it comes to understanding commercial marine insurance, the difference between umbrella and bumbershoot policies can be tricky to navigate.