National Press Release

BERKELEY HEIGHTS, N.J., Jan. 22 /PRNewswire/ -- Palisades Safety and Insurance Management Corporation ("Palisades") announced today that it is offering New Jersey drivers personal umbrella coverage. The leading provider of personal auto insurance in New Jersey through independent agents, is offering auto customers the extra protection available with personal umbrella coverage.

Personal umbrella insurance extends an insured's liability coverage above and beyond auto and homeowner insurance limits to provide an extra measure of protection against a catastrophic loss. It protects assets like bank accounts, financial investments, personal property and other valuables from seizure in the event of a settlement loss. Even wages and future earnings can be garnished to pay for a judgment.

"Personal umbrella protection is an important piece of insurance coverage for people who want to protect their possessions and assets from a lawsuit in the event they are responsible for a terrible accident," said CEO and President, Ed Fernandez.

Most individuals assume that their auto or homeowner insurance will provide them with all the protection they will need. But auto and homeowner policies have liability limits and in many cases do not provide enough protection to cover a disastrous accident. If an insured is sued for an amount greater than their primary coverage, it will have to come from their personal assets.

"Individuals who own a home, have a swimming pool, have a teenage driver in the family, own a dog, or hire babysitters or cleaning people who work in their home should strongly consider a personal umbrella policy," said Fernandez. "It's inexpensive and will provide extra protection and peace of mind in today's litigious society," added Fernandez.

Personal umbrella insurance is underwritten by Palisades Property and Casualty Insurance Company and is sold exclusively through over 300 independent agents in New Jersey. Go to Palisades.com to find an agent.

About Palisades

Palisades is the nice New Jersey car insurance company that gives you more. Drivers and agents get more reasons to smile with more value, friendly New Jersey expertise, and service done right. Palisades sells exclusively through over 300 independent agents and is a leader in the fast settlement of claims. Insurance is underwritten by Palisades Safety and Insurance Association, Palisades Insurance Company and Palisades Property and Casualty Insurance Company. Palisades Safety and Insurance Management Corporation is a Plymouth Rock managed company. The Plymouth Rock Companies write and manage more than $1 billion in personal and commercial auto and homeowner's insurance across the Northeast.

    Contact:    John Peppas
                908.219.5440
                jpeppas@palisades.com

SOURCE Palisades Safety and Insurance Management Corporation