A serious accident or lawsuit can exceed the liability limits on your auto and home policies. An umbrella policy adds a layer of personal liability protection on top of them, typically in $1 million increments, for a surprisingly modest premium.
What an Umbrella Policy Covers
- Extra liability limits above your auto, home, boat and recreational vehicle policies.
- Legal defense costs if you are sued for covered claims.
- Additional claims such as libel, slander and certain liability not included in underlying policies.
Who Should Consider It
Homeowners, landlords and real estate investors, families with teen drivers, pool or trampoline owners, dog owners, and anyone with savings or income worth protecting. The more you have to lose, the more an umbrella makes sense.
Requirements
Carriers usually require minimum liability limits on your underlying auto and home policies. We can help you adjust them so your umbrella applies smoothly.
Frequently Asked Questions
How much umbrella coverage do I need?
A common starting point is to match your net worth and future earning potential. We will help you choose a limit that makes sense for your situation.
Is umbrella insurance expensive?
For the amount of protection it adds, it is usually one of the most cost-effective coverages available.
Does an umbrella cover my rental properties?
Often yes, if the properties are properly insured and disclosed. We review this carefully for landlords and investors.