Personal Umbrella policies provide an extra layer of liability coverage over your Auto, Home, Recreation Vehicles, and Landlord insurance policies.  Liability is the coverage you have to pay to someone else if you are held responsible for injuries you cause or damage to their property (like a serious auto accident, or an injury at your home or at one of your rental properties.)  Liability losses can be significant; and you can be held personally responsible for losses greater than your current Auto, home, or other policy limits.  This leaves your assets and future income at risk. 

An umbrella policy picks up the additional liability payments you owe after the full limits of your Auto, Home, and other policies have been paid.  Umbrella policies only provide liability coverage and do not provide any additional coverage to fix your car or rebuild your home after a loss.  Personal Umbrella policies are sold in increments of $1,000,000 and are worth the extra investment.  A typical $1,000,000 personal umbrella policy (2 cars and 1 home) will only cost about $325 per year.

An umbrella is a valuable tool and an inexpensive way to protect your assets and future income.   To determine if an umbrella would be valuable for you, Try our free liability calculator to estimate your potential financial exposure to a large liability loss.