Premier Umbrella Insurance Coverage

Over the years, we have become an industry leader in designing and offering the most complete, comprehensive and sensible umbrella insurance coverage for wealthy and high net-worth individuals and families. We have an active roster of satisfied clients from many different types of businesses and sports, with numerous celebrity athletes and entertainers among them.

High-Coverage Umbrella Insurance For Wealthy Individuals, Business Owners, and Families

Wealthy individuals and families live a luxurious and glamorous lifestyle and let's face it, talking and worrying about having the proper insurance coverage is far from glamorous. This is why it is so important to have an insurer that will always have your best interests at heart, will do all the grunt work to design just the right policy for you and then will closely monitor your coverage with you and for you.

That is where we come in. PCI specializes in the exclusive area of high-coverage umbrella insurance policies for wealthy individuals and families. We are here to make sure you and your family have a complete umbrella of insurance that covers and protects your home(s), businesses, vehicles and all of your valuables and possessions, offers liability coverage, as well as provides coverage for different risks or types of injury you might incur while working, while at home, or anywhere else for that fact.

When we talk about an umbrella insurance policy, we mean designing one single, complete policy that completely covers your home, valuables and assets, protects your wealth and assets in the event of liability and protects against injuries and illness that could adversely affect your ability to perform your job and earn money, now and in the future. We will sit down with you and design an umbrella policy of coverage that will completely protect you in the event of damage, lawsuits and injury or illness that ends your career, with an eye toward protecting your wealth not only now, but for the long-term and well into the future.

When we design an umbrella policy we closely examine every detail of it, to make absolutely sure you are not over-insured, mistakenly charged and that you never pay for any coverages you do not need. You will never pay a dollar more than you have to in order to stay fully protected against any type of injury.

Protecting Your Wealth And Preserving Your Assets

Our focus is not only on protecting your income, future income and overall financial health from any injury-related issues, but also to make sure you are completely covered for any type of liability exposure in order to protect your wealth and once again, your future income. We call this wealth preservation and the need for adequate personal lines insurance protection to preserve your assets from loss is paramount.

If you are a high net-worth individual or family, chances are it will make you a likely target for litigation in the event of an injury occurring on your property, from a vehicle you own, or due to someone in your employ. What happens if someone on your housekeeping, security or maintenance staff is injured, or even worse, while on your property? It doesn't matter if it was in the course of their duties as an employee or not, just the simple fact that they were injured on your property opens you up to liability.

Chances are also good that you enjoy entertaining and will want to have parties and other events at your home with small to large numbers of people attending. If you know you are going to frequently have guests at your home, it is absolutely vital to have adequate liability insurance.

What happens if someone attending a party or function at your home is injured or even worse? What happens if someone borrows your car or your boat and ends up injured or killed in an accident or kills someone else? What if your bodyguard seriously hurts someone in the course of his duties? Again, you are open to exposure for liability and in the event of the worst, what will happen to their family, how will they be provided for and taken care of? Do you have enough coverage?

The Proper Coverage, The Best Carriers

Unfortunately these events do happen and when they do, the most important thing for you and for us, is to make sure you are adequately protected. But what does that mean? How much is adequate or enough? It may be more than you think and for good reason.

In today's litigious world, million-dollar injury and wrongful death lawsuits are almost a way of life. The fact is, if someone gets severely hurt or killed and you are found somehow liable, you will most likely be sued for millions of dollars, so you really do need to be heavily covered. We always suggest having more than enough liability insurance to cover the value of your home plus all your assets, plus any legal fees that may arise - then double it – maybe even triple it. This way, in the event of a catastrophic claim, you will be fully covered and will be able to keep your assets.

This is also why it is so important to have the best carriers in the business. The last thing you want is a carrier that will not pay out on a legitimate claim. PCI works with only the strongest, most reputable AM Best-rated insurance carriers in the United States. We are extremely selective in our choice of carriers and only work with those that provide first class service and exceptional claims departments.

If you are looking for private client insurance or represent someone who is looking for private client insurance and would like to find out more about PCI, or schedule an appointment, please call us today at 301-245-0130. We look forward to hearing from you.