CHG Insurance

These policies provide high limits of liability to protect an insured against a catastrophic liability loss.

This policy grants liability coverage that stacks on top of the primary liability coverage provided by the insured's homeowners, personal auto, watercraft, and any other scheduled underlying liability policies.

It covers bodily injury, property damage and personal injury which include offenses such as libel, slander, false arrest, invasion of privacy, and others.

Imagine you just had a fatal auto accident. The family sued you and you were found liable for $1 million dollars. Your auto policy pays out limits of $250,000 and now you are on the hook for the balance of $750,000. 

Some carriers offer UM/UIM coverage. This is a major benefit and worth paying extra for this coverage.

When considering limits on these policies you need to look beyond your banking and investment accounts such as your home, valuables, earning capacity just to name a few things.  

Truth is there are worse things out there than a fatal accident. Consider this, you have an accident and the other person is now a quadriplegic or suffered brain damage and now they require constant care.

They now will face financial hardship with no end in sight and no closure.