Umbrella Insurance
What is umbrella insurance?
Protect your savings, property, and future income from large liability claims.
Umbrella insurance provides an extra layer of liability protection beyond your home, auto, or rental policies. It helps cover large lawsuits or serious accidents that could otherwise put your assets at risk.
What does umbrella insurance cover?
Umbrella insurance kicks in after the liability limits on your home or auto policy are exhausted. It typically covers:
Bodily injury or property damage lawsuits
Legal defense costs (even if the claim is groundless)
Libel, slander, or defamation claims
Liability related to rental properties you own
How much umbrella coverage do I need?
Most umbrella policies start at $1 million and can be increased to $10 million or more.
A good rule of thumb is to choose a limit that covers the total value of your assets, including:
Home equity
Vehicles, boats, or RVs
Savings and cash accounts
Investments and retirement accounts
Personal valuables (such as jewelry or art)
As your assets grow, your liability exposure grows too. Reviewing your umbrella coverage regularly helps ensure it keeps pace with your financial life.
Do I need umbrella insurance?
If you have assets—or future income—to protect, umbrella insurance is one of the most affordable ways to safeguard them.
You may want umbrella coverage if you:
Own a home or rental property
Have significant savings or investments
Have teen drivers or frequently host guests
Volunteer, serve on a board, or have an online presence
Everyday situations—car accidents, slip-and-falls, or personal liability claims—can quickly exceed standard auto or homeowners limits.
Without umbrella coverage, a major lawsuit could put your savings, home equity, or future earnings at risk. An umbrella policy provides added peace of mind by protecting what you’ve worked hard to build.
How to qualify for umbrella insurance
Umbrella coverage sits on top of your existing policies, so insurers typically require minimum liability limits on your underlying coverage.
Most carriers require:
Homeowners or renters insurance with at least $300,000–$500,000 in personal liability coverage
Auto insurance with higher liability limits (commonly 250/500/100 or 500,000 CSL, depending on the carrier)
A generally clean driving and claims history
Once those requirements are met, an umbrella policy activates after your underlying limits are exhausted.
Why it’s worth it
Protects your assets from large or unexpected lawsuits
Covers legal defense costs, even for complex claims
Extends protection across multiple homes and vehicles
Provides peace of mind that one incident won’t undo years of financial progress
Umbrella insurance is often one of the most cost-effective protections available, offering significant coverage for a relatively low annual premium.
Add an extra layer of protection before you need it.