Family in a car on vacation

Why Group Personal Excess?

Today more than ever it is important for people to carry higher limits of personal liability coverage. In the event of a serious loss, your auto, homeowners and watercraft policies may not provide enough protection. A personal excess or “umbrella policy” will provide an additional layer of liability protection in excess of (meaning over and above) your primary homeowners, auto and watercraft policies.

Are You Protected?

Young woman looking at damage to her car

 

A "covered person" includes the person who enrolls as a part of the group policy (as an OMSNIC member policyholder) and that person's spouse or domestic partner, any relative or any other person under 25 who is in the insured's or the relative's care. All must be residents of the same household.

   

Excess Liability Coverage is an additional layer of liability protection that extends over your personal home, auto, and watercraft policies. In the event a claim exceeds the required underlying limits on your primary home, auto, or watercraft policy, this policy will provide additional coverage.

UM/UIM/UL Excess Uninsured/Underinsured Motorist and Uninsured Liability provides coverage for damages to you or a covered person sustain, for which the at fault party has little or no insurance.

 

Extended liability coverage for all household family members while traveling or studying abroad.

Fortress Group Personal Excess

Today more than ever it is important for people to carry higher limits of personal liability coverage. In the event of a serious loss, your auto, homeowners and watercraft policies may not provide enough protection. A personal excess or “umbrella policy” will provide an additional layer of liability protection in excess of (meaning over and above) your primary homeowners, auto and watercraft policies.

As a member of Fortress you have access to the Fortress Group Personal excess program with Chubb Insurance Company. Some major benefits of group excess or “umbrella” coverage as supposed to individual excess coverage are pricing, no individual underwriting, and coverage benefits.

 

Claims Examples - Fortress

Chart showing the frequency of claims
Chart showing the severity of claims.

Uninsured/Under Insured Liability Coverage

Claim Scenario 1

Insured and family are at a neighbor's get-together. Child of insured is jumping on the neighbor's trampoline and falls, sustaining a fractured arm requiring surgery. The homeowner who hosted the party has $300,000 liability, which is tendered for the incident by not nearly enough. The insured's Group Personal Excess policy responded with the uninsured liability coverage for the additional needed limits.

Claim Scenario 2

Dog bit incident involving a renter who had no liability coverage. All medical costs were paid under the uninsured liability coverage in the Group Excess Policy including lost wages.

Actual Claims

  • Insured struck motorcycle when changing lanes. $1,000,000
  • Insured was rearended when at a stop light. At fauly driver did not have enough coverage to pay for injuries to our insured. $700,000
  • Insured involved in boating accident. $500,000
  • Insured's son involved in car accident. $1,200,000
  • Insured's daughter involved in car accident. $1,500,000
  • Insured's spouse polls out of shopping mall and hits a bicyclist – full amount of damages pending.

Download More Claims Examples

OMSNIC Personal Excess

Today more than ever it is important for people to carry higher limits of personal liability coverage. In the event of a serious loss, your auto, homeowners and watercraft policies may not provide enough protection. A personal excess or “umbrella policy” will provide an additional layer of liability protection in excess of (meaning over and above) your primary homeowners, auto and watercraft policies.

As a member of OMSNIC you have access to the OMSNIC Group Personal excess program with Chubb Insurance Company. Some major benefits of group excess or “umbrella” coverage as supposed to individual excess coverage are pricing, no individual underwriting, and coverage benefits.

 

1-855-694-7739
info@mygroupexcess.com
My Group Excess PO BOX 2203, Ellicott City, MD 21041