Do you need additional Liability Coverage? A Personal Umbrella policy may be right for you! Personal Umbrella Insurance provides additonal protection in excess of the standard liability coverage limits for homes, cottages, rental dwellings, automobiles, etc. Your personal assets are at risk when your basic limits of liability are inadequate. The more things you own such as home, cottage, pool, cars, etc, the more exposure you have for claims against you for injury to others and damage to their property. Personal Umbrella Insurance provides added liability coverage above the limits of your homeowner’s and auto policies.
You should consider Personal Umbrella Insurance if you:
- Do you own two or more automobiles?
- Do you own two or more residences?
- Do you own a condominium?
- Do you own a cottage or rental property?
- Do you own a boat, snowmobile or ATV?
- Do you do any volunteer work?
- Do you operate a home based business
- Do you have young drivers in your house
- Do you serve on a Board of Directors for a non-profit organization (including Condominium Corporations)?
If you answered “YES” to any of these questions, the Personal Umbrella policy may be just what you need. Our Umbrella policy offers:
- Up to $5,000,000 of additional liability coverage over and above your existing personal liability policies.
- Coverage for your “personal actions”, which is broader than any other personal liability protection.
- Worldwide coverage.
- No deductible on excess liability losses
- And so much more!
Click on the button below to access the Personal Umbrella Application. Simply fill it in and drop it by our office at 2 Elgin Park Drive, Unit E, Uxbridge, ON or fax it to our office at (905) 852-5973. A representative from our office will contact you the next business day.
If a vehicle that has this endorsement is involved in a chargeable accident, the vehicle involved (or substitute) will remain at the same rating as prior to the accident. General rate increases still apply. Not available with Economical for drivers licensed less than 10 years.
Away at School Discount:
Students under the age of 25 residing at college or university could be eligible for a discount as long as there is no regular access to the automobile and the automobile is not driven to school.
Claims Advantage & Disappearing Deductible:
Protect your driving record from your first minor conviction.
Legal Liability for Damage to Non-Owned Automobiles:
This extends certain loss of damage coverage to rented or other non-owned vehicles in the care, custody or control of that vehicle by an insured person. The automobile must be used with the owner’s or lessee’s consent.
When a loss occurs and the statement of claim exceeds the limit of liability shown on the policy, the policyholder’s personal assets become at risk. We recommend at least $2,000,000 liability limits. Should you wish a quote for higher liability limits or an Umbrella policy, please call.
Loss of Use Coverage:
This provides the cost of rental for an automobile while your vehicle is being repaired or replaced as a result of an insured peril.
Modified or Customized:
If you have made any modifications i.e.: special paint job, conversion, etc, please bring this to our attention. Please note there is an exclusion for any non-factory installed electronic equipment and accessories over a value of $1500. A higher limit may be purchased.
Protect your Pets (Dogs and Cats):
In the event of an automobile accident involving your pets, you can be protected from costly veterinary bills, prescribed drugs, and boarding fees.
Limited coverage for emergency road service and towing expense
Snowmobiles, Motorcycles, ATV's and Gators:
All require specific coverage under the automobile policy and must be listed accordingly.
Personal trailers fall into several categories such as utility trailers, camper trailers and cabin trailers. Some require coverage under your automobile policy and some require coverage under your property policy depending on whether temporarily or permanently parked at a seasonal location.
Coverage is available for permission to carry paying passengers for a transportation network.
Usage Based Insurance (UBI):
Designed to reward good drivers with a 10% discount for signing up and can earn up to a 25% discount at renewal after completion of the assessment period.
Use of Vehicle:
It is important to notify your insurance broker if you have changed jobs, are no longer working, or are carpooling or walking to work. These changes, including the distance you commute, can change the rating on your policy.
Waiver of Depreciation:
Removes the deduction for depreciation when adjusting a loss. Specific time frames vary between companies.
If there are any young drivers in your home under the age of 25 years, they should be listed on your policy when they attained a level G1 driver. If they are already on your policy, have they obtained their G2 or G license and/or have they completed a driver’s training course? Please advise as this could make a difference in their premiums.
Please note: Some of the options listed below may already be part of your policy or may not be offered by your current insurer. If you are not sure or if one of the following is of interest, please do not hesitate to call or stop by the office at your earliest convenience.
Credits ranging from 5% to 15% may be applied if you have a centrally monitored alarm system for fire and/or burglary.
If you own a boat and it is not listed separately on this policy or if it is not insured on a separate watercraft policy, you should consider insuring it.
This insurance is designed for the individual who requires coverage for a dwelling building during the construction period. Coverage must be in force prior to the start of construction.
This policy does not cover loss or damage to any structures used in whole, or inpart, for any manufacturing, commercial or farming purpose. If you use any portion of your house, garage or outbuildings for any sales, business, manufacturing, farm or commercial endeavor, please contact our office IMMEDIATELY!
This endorsement for property is available for customers 49 years of age and younger who are at least 3 consecutive years claims free. It includes claimsfree rating protection for the first loss and deductible waiver up to $1,000 on the first eligible loss excluding water damage, water escape back up and earthquake losses.
Claims Free Discount Protector Endorsement:
Avoid the usual loss of your claims free discount.
Reduces 20% each claim free term until zero.
This rider may be added to your policy.
Provides coverage for direct physical damage to “covered equipment” (central vacuums, electric monitoring systems, boilers and water heaters, central air and heating, home theatre systems, electrical power panels to name a few) caused by accidental mechanical or electrical breakdown.
Going on Vacation:
Extended absenteeism from your home. Do you know what you have agreed to do with your insurer? What your policy will and will not cover you for in this event?
Optional coverage for purchase if you are in an eligible overland water zone for damage caused by water entering your home suddenly and accidentally through a basement wall, foundation or floor.
Home Repair Assure:
Provides coverage to address minor issues before they lead to serious property damage and costly cleanup by providing access to local contractors and trade professionals to repair household issues common to many Canadian homes.
Is the unauthorized collection and fraudulent use of someone else’s personal information. It can occur by theft of mail, wallet, purse, hacking into computer databases and garbage picking. Protect yourself by adding the Identity Theft Expense to your policy.
Personal legal expense insurance provides coverage for legal costs including lawyer’s fees, disbursements, medical reports and opponent’s legal costs should you be required to pay them. Coverage includes employment disputes, contract disputes, legal defense, tax protection, property protection, bodily injury and unlimited telephone legal advice.
When a loss occurs and the statement of claim exceeds the limit of liability shown on the policy, the policyholder’s personal assets become at risk. The insurer can only defend to the policy limit, and if the action exceeds policy limit, the policyholder would require separate counsel, even though the claim may eventually settle for less than policy limits. Additionally, the policyholder must assume all of the legal fees for their personal portion, and they are not recoverable from the insurer. Should you wish a quote for higher liability limits or an Umbrella policy, please give our office a call. WE RECOMMEND AT LEAST $2,000,000 of liability coverage for home policies, especially homes with hot tubs and swimming pools.
This coverage provides you with flexibility to rebuild your life, your way. As a customer in the 50+ age range this coverage rewards good claims history and offers claim settlement flexibility in the event of a total loss to a home or any loss to personal property.
Expands coverage under Outdoor Trees, Shrubs, Plants and Lawns to include the cost of professional gardendesign fees and expenses incurred to return your garden to its condition prior to damage. Falling object is added to the list of perils and rocks, ponds and patios are added to the types of property covered.
Coverage for damage caused by lake/river overflow, heavy rain or rapid snowmelt that enters your home from a point at or above ground surface. Please note that the coverage limits and choices vary by insurance company.
Personal Articles Floaters and Riders:
These provide higher policy limits and all risk coverage on such things as jewellery, furs, fine arts and antiques, photography equipment, firearms, home computers, stamp or coin collections, musical instruments, tools (personal or business use) and hearing aids. Blanket limit increases are available from $5,000 to $50,000.
Renewable Energy Projects:
Including solar energy projects (whether or not they are grid connected), wind, bioenergy and waterpower. Coverage may be available for these projects and liability can be extended.
Residential Health Care Facility:
This endorsement provides coverage for personal property owned by family members who live on the facilities premises (insures parents, son, daughter, brother, sister or spouse) who are dependent on the insured for support and reside in a resident health care facility.
Service Line Coverage:
Provides coverage for direct physical damage to a “covered service line”. Covered service line means underground piping and wiring, including permanent connections, valves or attached devices.
Sewer Backup Coverage:
Provides protection against sudden and accidental leakage or escape of water from a sewer, septic tank, floor drain or sump pit within the premises subject to the terms and conditions in the policy.
Offers protection for your personal assets (homes, cottages, autos, watercraft and recreational vehicles) that are at risk from basic limits of liability. Provides additional protection in excess of the standard liability, covers cost to investigate and defend legal suits, libel and slander, worldwide protection, participation as a director or officer of a nonprofit organization including condominium associations.
Your policy EXCLUDES coverage for EARTHQUAKE, FLOOD, BYLAWS, ACTS OF TERRORISM, DATA (information store electronically), MOULD and MARIJUANA GROW OPERATIONS. However, earthquake and bylaws coverage is available on an individual basis for an additional premium.
PLEASE NOTE: If you have installed a pool, added a deck, finished your basement, added a woodstove, an apartment, taken in a boarder, offer home daycare or added an addition to your dwelling, please notify our office immediately so we can make sure you are properly insured AS ANY RENOVATIONS ORCHANGES TO THE USE OF YOUR HOME CAN AFFECT BOTH THE VALUE AND THE INSURABILITY.
Office Hours Monday – Friday 9:00am – 5:00pm
Summer Hours May 19th – October 6th We will be open until 4pm on Fridays
2 Elgin Park Drive, Unit E Uxbridge, ON L9P 0B1
Phone: (905) 852-3309 Toll Free: 1-800-263-2005 Fax: (905) 852-5973
Office Hours Monday – Friday 9:00am – 5:00pm
Summer Hours May 19th – October 6th We will be open until 4pm on Fridays
15930 Old Simcoe Rd., Unit 10 Port Perry, ON L9L 0A2
Phone: 905-985-3344 Toll Free: 1-877-917-2424 Fax: 905-985-3322