Example of the use of an Umbrella Insurance Policy

This is a devastating example of why having enough insurance can help others and protect yourself:

Claimant, age 2, was on the Insured’s’ property with his grandparents who were there to care for 2 horses owned by the Insured’s. The Insured’s were out of town on vacation.

The Claimant was kicked by one of the horses, taken to the emergency room, and then life flighted to a larger hospital.

The Claimant was given a 5% chance of survival and underwent surgery for a cracked skull (a piece of which was missing) with 30% damage to the right side of his brain. He survived and is residing in a neighboring state at a rehabilitation center.

If the homeowner did not have an umbrella policy, they likely would have been sued for any assets, net worth, wage garnishments to cover the medical costs.

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