What is Aig Umbrella Insurance?
Aig Umbrella Insurance is an additional layer of liability coverage that acts as a safety net for personal assets. It is designed to protect policyholders from major claims and lawsuits that exceed the limits of their underlying homeowners, auto, and other liability policies.
How Does Aig Umbrella Insurance Work?
Aig Umbrella Insurance provides excess liability coverage over and above the limits of underlying policies. It pays for judgments and settlements related to bodily injury, property damage, and other claims that exceed the limits of the underlying insurance policies.
What Does Aig Umbrella Insurance Cover?
Aig Umbrella Insurance covers a range of liability claims, including bodily injury, property damage, libel and slander, false arrest, invasion of privacy, and other liabilities. It also provides coverage for personal injury claims, such as libel and slander.
What Are the Benefits of Aig Umbrella Insurance?
The benefits of Aig Umbrella Insurance include the added protection of personal assets, increased coverage for liabilities, and lower premiums for higher coverage limits. It also offers a broad range of coverage for personal injury claims and other liabilities.
How Much Does Aig Umbrella Insurance Cost?
The cost of Aig Umbrella Insurance depends on the coverage limits and other factors such as risk factors, location, and the underlying policies. Generally, Aig Umbrella Insurance policies start at around $200 per year and increase with higher coverage limits.
Frequently Asked Questions
What is Aig Umbrella Insurance?
Aig Umbrella Insurance is an additional layer of liability coverage that acts as a safety net for personal assets. It is designed to protect policyholders from major claims and lawsuits that exceed the limits of their underlying homeowners, auto, and other liability policies.
What Does Aig Umbrella Insurance Cover?
Aig Umbrella Insurance covers a range of liability claims, including bodily injury, property damage, libel and slander, false arrest, invasion of privacy, and other liabilities. It also provides coverage for personal injury claims, such as libel and slander.
What Are the Benefits of Aig Umbrella Insurance?
The benefits of Aig Umbrella Insurance include the added protection of personal assets, increased coverage for liabilities, and lower premiums for higher coverage limits. It also offers a broad range of coverage for personal injury claims and other liabilities.
How Much Does Aig Umbrella Insurance Cost?
The cost of Aig Umbrella Insurance depends on the coverage limits and other factors such as risk factors, location, and the underlying policies. Generally, Aig Umbrella Insurance policies start at around $200 per year and increase with higher coverage limits.