Team-Mate Policy

Who would sue you for a million dollars? The fact is, anyone could. Although million dollar lawsuits were unheard of until just a few years ago, suits of this magnitude are becoming all too common.

Unfortunately, in many cases, the person sued can do little to prevent it. Here are some examples. Could you prevent any of them?

  • You are driving down the street and suddenly a small child dashes in front of your car
  • A guest in your home trips and falls on your steps
  • Your son hits a ball that strikes another child in the head

These are all real situations that could happen to any of us.

When accidents like these happen, you could end up defending yourself in a court of law. If you lose, this can mean losing everything you own.

Even if you win, the cost of hiring an attorney might literally bankrupt you — robbing you of your future.

Protect Your Finances

There is a way you can avoid needless worry about being sued if someone sustains a serious injury on your property, in your car or on your recreational vehicle.

Grinnell Mutual offers you a simple, low cost way to protect yourself and your family. We call it our Team-Mate, Personal Excess Policy. Frankly, we think everyone should have this protection.

One Million Or More

With this unique policy, you will have an additional limit of liability protection of $1 million or more — limits of $3 million are available. Here is how the policy works.

The Grinnell Mutual Personal Excess Policy builds on the protection you already have — home, auto or RV coverage. It gives you an extra limit over and above other policies.

For example, if you have $300,000 of liability coverage provided by your Home-Guard or Farm-Guard policy and you purchase a Team-Mate personal excess policy with a $1 million limit, you will have up to $1,300,000 in total liability coverage available to pay a covered judgment.

Great Coverage At A Reasonable Price

Even though Grinnell Mutual's personal excess policy gives you great coverage at very high limits, you will find the cost is very affordable.

That's because for catastrophic losses, it provides an extra level of security after existing policies have been used for payment.

Don't take the chance of mortgaging your future, when you can avoid it through this extremely affordable policy.

How Is My Rate Determined?

Each person's unique situation and lifestyle presents a different exposure to loss. Your rate for this policy is determined by some of the following factors:

  • The number of properties you own, rent or farm, and their size.
  • The number of cars, pickups, motorcycles or farm trucks you own, lease or operate.
  • The number of recreational vehicles you have licensed for road use.
  • The number, size and power of any boats you have.
  • Any incidental endorsements you choose to add to your policy.

Even with this great additional coverage, it might be wise to ask your Grinnell Mutual agent to review each of your other liability insurance policies for adequacy.

Ask your Grinnell Mutual agent for details on different payment plans, possible discounts, and the best optional coverages for you.

This information provides a basic description of the insurance provided for this product. These summarized coverage descriptions are intended for reference and don't include policy conditions, exclusions, or limitations. For a complete description of the policy features, consult your agent.