Somehow, my husband and I became the cool parents on our street–my son is 11 and all the kids in the neighborhood gravitate to our house because we’ve got a cool tree fort, a swingset and a swimming pool. We’re used to hearing squeals, laughter and even sometimes a little bickering among the kids and we’re pretty comfortable with it all.
This past summer, something happened that could have changed everything. One of the neighbor girls was sliding down the slide, lost her balance and toppled off the slide. Fortunately, we were sitting out with neighbors at the time and her parents were there to take her to the hospital. It turned out to be just a couple of scrapes and a broken arm, but it could have been much worse. What if there had been a more serious injury? Could we have been sued?
The Answer is Yes.
An umbrella policy* can protect you if:
They or their dependent is at fault for a major accident involving their car, boat, motorcycle or RV.
They’re involved in an accident overseas.
A visitor to their house is injured on the property.
Their dog viciously attacks someone.
They are accused of slander, libel or defamation of character.