Skip Ribbon Commands
Skip to main content
Sign In
OMA Insurance
Not for profit. All for doctors.
HomeGet a QuoteMeet your Advisors | Making ClaimsWhat’s NewContact Us Print Friendly and PDF

Enhanced Protection with Umbrella Coverage

We're ready to help


OMA Home & Auto Insurance Offers Enhanced Protection with Umbrella Coverage
OMA Insurance
With liability protection of up to $5 million, OMA members can be protected with umbrella coverage as part of their home and auto policy. Discover how Umbrella Coverage can provide you with peace of mind whatever your career stage.

Have you ever wondered what would happen if you accidentally injured someone, or damaged their property? Would you be covered if you were sued? If you own a home, have personal savings, the expectation of future income, or own other assets, you need to make sure you are sufficiently protected in the case of an accident or lawsuit. Liability insurance protects you from the risks of liabilities imposed by lawsuits and similar claims. Simply put, it protects you in the event that you are sued for claims that come within the coverage of your insurance policy.

A certain amount of liability insurance is included in every Home and Auto Insurance policy. For example, if you are responsible for a car accident causing injuries or fatalities, or if your vehicle damages someone else's property, you may be legally responsible. In Ontario, the minimum coverage for third-party liability under an auto policy is $200,000, but most drivers buy more coverage, often $1 million.

Twenty-five years ago most insurers in Canada introduced liability coverage of one million dollars as the benchmark for most policies. However, the intervening decades have certainly seen an increase in large settlements and judgments. 

And that's where Umbrella Coverage comes in.

Umbrella Coverage is optional liability insurance you can purchase that provides additional coverage to protect yourself – and your assets – from major claims arising from your principal residence, seasonal homes, vehicles and recreational vehicles.

In response to requests from our members, The Personal has introduced Umbrella Coverage of up to $5 million for OMA members. In addition, the coverage includes the financial liability of an insured resulting from personal injury (including bodily injury) or property damages to third parties. The coverage applies anywhere around the world for property and Canada and the USA for automobile.

You can purchase increased liability limits up to $5 million to cover both your vehicle(s) and your property – which means you don't need to purchase additional coverage separately. One policy covers it all.

Do you need Umbrella Coverage?

Even if you're not established in your career or practice yet, it's worth considering increasing your liability limits with Umbrella Coverage, as future earnings could be garnished should you lose a lawsuit. If you're ever sued, Umbrella Coverage protects your current and future assets, in one simple policy.​

Learn more about Umbrella Coverage

A licensed OMA Home and Auto Insurance program advisor can help explain, clarify, and arrange the coverage you need today. ​​Call 1.877.277.7165 to discover how Umbrella Coverage can provide you with peace of mind whatever your career stage.  

The Personal refers to The Personal Insurance Company.

​Certain conditions apply. The OMA Auto & Home Insurance Program is underwritten by The Personal Insurance Company. Coverage information described herein is intended as general information only. In case of discrepancy between the information provided herein and your insurance policy, the terms, conditions, exclusions and limitations of your insurance policy shall apply and prevail.