Examples of real claims:
A 17-year-old driver collided head-on with another vehicle, killing two people and seriously injuring another. The court found the teen negligent and ordered him to pay $1.5 million. His parents’ Auto policy had a $300,000 liability limit, but they also carried a $2 million Personal Umbrella that covered the remaining costs.
A rotted oak tree fell onto a couple’s vehicle as they were driving down a country road. The woman’s hip was shattered in the accident. The property owner’s settlement cost was $775,000.
A local homeowner owed a $700,000 settlement when a 30-year-old man suffered permanent vocal cord paralysis after crashing an all terrain vehicle (ATV) on the resident’s property.
A three-year-old girl was attacked by her grandmother’s dog. She lost vision in her eye and received permanent scarring. The out-of-court settlement was $750,000.
A motorcyclist crashed into the side of a vehicle when a vehicle driver turned in front of him. The motorcyclist was left totally disabled from the accident. The vehicle driver’s settlement was $3,775,000.
A 17-year-old girl was attempting to pass on the right shoulder of the road when she lost control and crashed into a 30-year-old driver’s vehicle. The man suffered a severe closed head injury. A jury awarded the man $2,091,500.
Protect yourself from the unknown. Check your insurance liability policy limits and consider adding a Personal Umbrella.
Liability Risk Exposures
Not everyone is exposed to the same liability risks but there are several common risks such as:
- Swimming pools
- ATVs / Snowmobiles
- Owning a Vehicle
Liability Risk Statistics
- 60% of people in the U.S. own a dog, and 1 in 5 dog bites are serious enough to require medical attention.
- 90% of lawsuits stem from auto accidents.
- More than 1/3 of homes in the U.S. with children have at least one gun and most are left unlocked and unloaded.