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The Speakman Agency has partnered with This partnership has afforded Speakman Agency to make available Personal Umbrella coverage which has the option to include Excess Uninsured Motorists coverage. This is pertinent to protecting people from financial burdens.


Snow safely.

There are 151,944 crashes each year because of slick and dangerous icy roads. Getting ready for the hazards of winter driving is key, but you can also give yourself an extra layer of protection with a personal umbrella policy with something called "excess Uninsured and Underinsured Motorist Coverage" or excess UM/UIM.

It works like this: When there's an accident and the other driver is at fault and doesn't have enough insurance to take care of the damage, you're responsible for any outstanding expenses left after their policy (and yours) pays out.

Excess UM/UIM kicks-in to cover this "gap" in insurance and takes care of things like bodily injury, lost wages, pain, and suffering and emotional distress — for you and any passengers, wherever you are in a car or even out walking.

Here's how it helped one couple.

REAL WORLD STORY: How Excess UM/UIM Saved the (Snow) Day

Margaret and Henry were walking their dog, Clyde, along the road on a rare snowy day. As they came around a curve, they were struck by Julia, who lost control of her car because the road was unexpectedly icy.

In the accident, Henry's legs were broken and Margaret suffered a broken wrist and a head injury requiring hospitalization followed by a year of therapeutic outpatient rehabilitation services with specially-trained staff. She was not able to work during her recovery. (Clyde wasn't hurt.)

Julia was carrying the minimum coverage allowed by her state, which was rapidly exhausted because of the high cost of the couple's medical bills. 

After the couple's underlying auto UM/UIM was exhausted, their standalone personal umbrella policy with $1MM excess UM/UIM, covered their medical bills, loss of wages and pain and suffering.

Claim: $425,000

What’s a personal umbrella policy?

Just like the kind of umbrella you hold when it rains, this policy protects you when a downpour happens by going above and beyond your homeowners/renters and auto policies.

Get a quote fast

We can send you a quote in minutes. And one annual personal umbrella policy premium payment can be less than one billable hour of an attorney’s fee!

Umbrellas are for everyone

You don’t need to own a home, be married, have kids or have a certain amount of assets. An accident can wreak havoc on your finances in no time — and this policy can help save you.




Sources: National Highway Traffic Safety Administration, Insurance Research Council. UM/UIM premium is based on number of cars and drivers in the household. Figure based on nationwide average premium of a $1MM personal umbrella policy for 2 homes, 1 car, 1 driver. Premium billed annually. Names and identifying details in claims examples have been changed to protect the privacy of individuals. This information is for educational purposes only and does not constitute legal advice or guarantee or imply a similar outcome. Underwriting criteria varies by state. Visit us online for guidelines. California Insurance License 0D08438

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