With the right umbrella insurance, Ontario residents can get additional financial protection for coverage that would first come out of auto insurance or homeowners insurance. But there are also a few types of coverage that are exclusive to your umbrella insurance. Ontario policyholders, here are a few examples of various situations that could cause you to need umbrella liability insurance:
You make a big batch of cupcakes for your child's school bake sale and are sued by parents when several children get food poisoning from your contribution.
Your spouse writes a series of negative reviews about a restaurant, claiming to have seen signs of a rodent infestation and unsavoury kitchen practices. The restaurant could choose to sue to prove the reviews wrong and salvage its reputation in the community.
Your teenager goes to a house party and indulges in alcohol, then decides to spray a can of fire retardant powder all over the living room—even though nothing's on fire. The house's owners sue you for clean-up and property damage restitution.
Your kindergartener pushes another kid off the monkey bars at school. That child sustains facial injuries that require cosmetic surgery, prompting their parents to sue you for the cost of restorative surgery.