Umbrella insurance provides additional liability protection above your home and auto insurance policies. If a covered claim exceeds the liability limits of those underlying policies, an umbrella policy may provide additional coverage up to its own limit.
What It Covers
Umbrella insurance is designed to provide additional liability protection when you're found legally responsible for injuries or property damage involving others. Depending on the circumstances, covered claims may include serious auto accidents, injuries occurring on your property, or certain types of lawsuits that exceed the limits of your underlying policies.
It doesn't cover damage to your own home or vehicle. Instead, it's designed to provide an additional layer of liability protection when covered claims become significant.
How It Fits Into Your Insurance Plan
Umbrella insurance doesn't replace your home or auto insurance, it works alongside them. It's designed to provide additional liability protection once the limits of your underlying policies have been exhausted.
Who Should Consider It?
Umbrella insurance may be worth considering for homeowners, families with teen drivers, individuals with significant assets or future earning potential, and owners of rental or secondary properties.
To learn more about how umbrella insurance works, who should consider it, and how much coverage may be appropriate for your situation, visit our complete guide to umbrella insurance.
