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Expert information and solutions for your business.

Personal Umbrella Insurance Coverage

Umbrella Insurance

At Scott, our Personal Insurance team is committed to helping individuals and families protect their hard-earned assets.  Our dedicated team of professionals provides the highest level of service and world-class insurance coverage, including:

•  Home, including coastal properties and estates
•  Auto, including antique/classic vehicles
•  Motorcycles, ATVs and RVs
•  Boats, yachts and personal watercraft
•  Private aviation
•  Jewelry, fine arts, guns, private collections, etc.
•  Flood and earthquake
•  Workers’ Compensation for domestic staff
•  Professional liability
•  Personal umbrella policies

While most people are familiar with the more common coverages of home and auto insurance, another important coverage that we highly recommend for our clients is a personal umbrella insurance policy. 


What is personal umbrella insurance?

•  Extra liability coverage over-and-above the limits on your auto or homeowner’s policies
•  An extra layer of protection at a relatively low cost

What are the benefits of umbrella insurance?

•  Protects your assets should you be involved in a large loss resulting in a lawsuit
•  Helps cover attorney fees and other costs associated with lawsuits

When would umbrella insurance be used?

Serious car accidents can quickly exhaust auto policy limits.  What happens if you are determined to be at fault in an accident that injures others and your auto limit is not enough to cover the medical bills?  You could be facing a lawsuit and your personal assets could be on the line.

Similarly, catastrophic medical bills can arise from a number of incidents on your property – slips and falls, dog bites, swimming pool accidents, etc. 

In these cases, if you are found liable for damages, your personal umbrella policy would add additional coverage and help pay legal fees associated with a lawsuit.

Is personal umbrella insurance a good fit for me?

We recommend umbrella insurance for all of our clients.  Accidents happen, and anyone can find themselves facing a liability claim, regardless of their economic status.

Contact a Scott Personal Insurance Account Executive to learn more about personal umbrella coverage or any of our other personal insurance services.

Dangers of Distracted Driving

Auto Coverage

Distracted driving is any activity that could divert your attention away from the main task of driving.1 It is something that is both dangerous and disturbingly common. In fact, an estimated 660,000 drivers are using electronic devices while driving during daylight hours.2 You may be surprised to learn that cell phones and texting are just part of the problem when it comes to distracted driving. While stowing your phone while you drive is an important safety step, other behaviors behind the wheel, from drinking coffee to using a navigation system, may also be putting you at risk. 

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What Drives Personal Auto Insurance Rates?

Auto Coverage

If you drive a vehicle, you are required by law to have personal auto insurance. But why do we need it?

Consider hitting a car and injuring three passengers. If both your vehicle and the other vehicle are valued at $20,000 and considered total losses, and each passenger has medical claims of $20,000, this quickly adds up to $100,000! That’s an amount most individuals wouldn’t want to have to include in their annual budgets.

The function of insurance is to accept the risk from many people to pay for the losses of the few. Personal auto insurance protects drivers from having to personally pay for all the damages they are responsible for resulting from an auto accident. Even though you paid your insurance company much less in premiums, the insurance company pays these higher amounts on your behalf based on your policy coverage.  

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Top Risk Concerns for Businesses and Individuals

Business leaders and consumers share many common concerns, according to data compiled from the 2016 Travelers Risk Index. The annual survey found that cyber risk is still considered one of the greatest risks facing both Americans and American businesses. And while businesses worry more about the implications of getting hacked, consumers are primarily concerned about personal privacy loss, identity fraud and cyber threats.

Top Business Risk Concerns

Medical cost inflation, increasing employee benefit costs and cyber-related technology risks/data breaches again topped the Travelers Risk Index for business concerns in 2016, although the overall proportion who felt the business environment is becoming more risky declined slightly from 2015 to 2016, from 44 percent to 41 percent. 

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