Umbrella Policy Insurance – Extra liability Coverage to Protect Your Assets

Extend your coverage limits and safeguard your financial future with affordable umbrella policy insurance.

What is Umbrella Policy Insurance and Why Do You Need It?

Umbrella insurance provides extra liability protection beyond your auto, home, or other primary insurance policies. It ensures you’re covered in cases where:

You’re sued for significant property damage or personal injury.
The costs of a claim exceed your current policy’s limits.
You need financial security to protect assets like savings, homes, or future income.

Who It’s For: If you have significant assets, own rental properties, or simply want peace of mind, umbrella insurance is essential.

What Does Umbrella Policy Insurance Cover?

Umbrella insurance provides an extra layer of financial protection by extending beyond the limits of your existing home and auto insurance policies. It’s designed to cover large claims or lawsuits that could otherwise threaten your savings, property, or future income. Whether it’s a serious car accident or an injury on your property, an umbrella policy helps safeguard what matters most.

Example Scenario: If you cause a car accident resulting in $750,000 in damages, but your auto insurance only covers $300,000, your umbrella policy steps in to cover the remaining $450,000, preventing you from paying out of pocket.

1. Bodily Injury Liability

This coverage helps pay for medical expenses if someone is injured due to your negligence. Whether it’s a severe car accident, a guest slipping and falling at your home, or an incident on your rental property, an umbrella policy ensures you have sufficient liability protection beyond your primary insurance limits.

2. Property Damage Liability

If you are found responsible for damaging someone else’s property, this coverage helps cover the costs. This could include damage to another vehicle in a serious auto accident, repairs to a neighbor’s home if a tree from your property falls onto their roof, or accidental destruction of expensive items belonging to others.

3. Personal Injury Protection

Beyond physical injuries, umbrella insurance also covers claims related to personal offenses such as defamation, libel, slander, false arrest, invasion of privacy, or wrongful eviction. These types of lawsuits can be expensive and damaging, making umbrella coverage essential for protecting your reputation and finances.

4. Legal Costs

Even if you are not found at fault, legal battles can be costly. Umbrella insurance helps cover attorney fees, court expenses, and potential settlements, ensuring that a lawsuit does not drain your savings or assets. This protection extends to various liability claims, helping you navigate the financial burden of unexpected legal challenges.

Who Should Consider Umbrella Policy Insurance?

You need umbrella insurance if:

You own property or have significant savings that could be at risk.
You’re a landlord renting out homes or apartments.
You have teen drivers or inexperienced drivers in your household.
You enjoy high-risk activities (e.g., boating, ATV riding) that increase liability exposure.
You’re concerned about lawsuits stemming from accidents or personal injury claims.

Protect What You’ve Built: Umbrella insurance shields your hard-earned assets from devastating financial claims.

How Much Does Umbrella Policy Insurance Cost?

Umbrella insurance offers affordable, high-value coverage:

Starting Cost: As low as $200 per year for $1 million in coverage.
Average Cost: Around $380 annually for a $1 million policy.
Customizable Limits: Purchase coverage in million-dollar increments to fit your needs.

Affordable Peace of Mind: Compared to the risks, umbrella insurance is a small investment that provides significant protection.

How to Get Started with Umbrella Policy Insurance

Securing extra protection is simple:

Contact Us

Speak with a licensed insurance agent to evaluate your needs.

Customize your Policy

Choose the level of protection that works for you.

Get Covered

Start protecting your future in just a few minutes.

Benefits of Choosing Umbrella Policy Insurance

Why clients choose us for umbrella coverage:

Extra Protection: Extend liability limits beyond standard policies.
Financial Security: Shield savings, property, and future income from lawsuits.
Affordable Coverage: High-value protection for a small premium.
Peace of Mind: Be confident knowing you’re covered for life’s unexpected risks.
Legal Defense: Coverage for attorney fees and court costs, even if you’re not at fault.

Common Questions About Umbrella Insurance

What is umbrella policy insurance?

It’s extra liability insurance that covers you when claims exceed the limits of your existing policies.

How much does umbrella insurance cost?

Prices start around $200 per year for $1 million in coverage.

Who needs umbrella insurance?

Anyone with assets, property, or high liability exposure should consider it.

Does umbrella insurance replace other policies?

No, it supplements auto, homeowners, or other primary insurance policies.

How much coverage can I get?

Policies are typically sold in million-dollar increments, starting at $1 million.

How does umbrella policy insurance work with my existing policies?

Umbrella insurance acts as an extra layer of protection beyond your current auto, homeowners, or watercraft policies. First, your primary insurance covers costs up to its policy limits. If the damages exceed those limits, your umbrella policy steps in to cover the remaining expenses.

Example: If a guest is injured at your home and sues for $1 million, but your homeowners insurance covers only $300,000, your umbrella policy would pay the remaining $700,000.

Key Point: Umbrella insurance supplements—rather than replaces—your existing coverage, providing added financial security in case of major claims.

Take the Next Step: Protect Your Business Today

Don’t wait for an accident to happen. Protect your business with affordable, reliable commercial general liability insurance.

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