Umbrella Insurance

Are umbrella policies expensive?

Relative to the amount of protection you get, umbrella insurance is highly affordable. Especially since it’s unlikely you will ever have to make a claim against it. So, your specific cost will be determined by:

  • The amount of coverage you purchase
  • Your insurance carrier’s provisions
  • Your risk profile and driving record

You may save even more money by purchasing umbrella insurance from the same carrier who provides your home and/or auto insurance-check with us to make sure.

Tell me again why I need Umbrella Insurance?

A long time ago, you set some goals, made a plan, worked hard, and got “there.” As you did, you accumulated possessions. Not to be ostentatious, but enough to make you and your loved ones comfortable.

You are rightly proud of these accomplishments. In fact, you have protected them with the best insurance you could.

Now, you need extra protection, an umbrella insurance policy. A policy that will cover you above and beyond what any single policy might cover.

For example: What are your limits on your auto and home liability policies: $300,000 to $500,000?

Okay, you say, the insurance will cover it. But what if the amount is over the policy limits? (That happens, especially if you have nice things.)

Your standard home or auto policy is likely not going to be enough to cover what the plaintiff is asking for.

How will you pay the judgment? How will you even defend yourself in such a lawsuit? Can you actually lose all you have strived for?

You bet you can. Not only can you lose what you worked for, you can lose part of your wages for the rest of your working life. (Most people don’t know this.)

Umbrella insurance adds an extra layer of protection when you go over your limits.

Protect your financial future with umbrella insurance if coverage costs exceed your limits during a claim.


Umbrella insurance offers additional protection.

Umbrella insurance has an unusual name, but it's a simple concept—it's an extra liability policy for added peace of mind. Most commonly, this type of coverage is something you get in addition to either an auto insurance or home insurance policy, as well as watercraft insurance.

Focuses primarily on liability claims.

This type of coverage is specifically about liability, which is the cost you might have to pay to somebody else for an unfortunate event where you are held responsible. It doesn't usually include losses you bear yourself, such as if your property is damaged or your possessions are stolen.


Pays out when liability coverage limits are not enough.

You'd usually get umbrella insurance when your main insurance policy has liability coverage limits that are too low for your needs. The policy will only pay out when your main policy has already paid out in full, and it will only pay out the remainder of your costs.

How does umbrella insurance work?

For example, if your auto policy covers liability up to $500,000 but you cause an accident that leaves the other driver with medical bills of $600,000, your main policy will pay out in full, and the umbrella policy will kick in for the remaining $100,000.

How can you increase your personal liability limits?

Umbrella insurance allows you to get more coverage if a claim goes over your auto, home, or watercraft policy's limits, which you'd have to pay for out-of-pocket otherwise.

Who does an umbrella insurance policy cover?

If you have this type of insurance, it may cover members of your family or household. Be sure to understand who is covered by your specific policy when looking for coverage for your unique situation.

Do you need umbrella insurance?

The policy itself will have its own limit, but this is less likely to be an issue. In addition, coverage might be more affordable than you might think. While it covers large potential payouts, the premium usually reflects the reduced risk that the policy will need to payout.

Are you ready to get additional protection for yourself and your family with umbrella insurance? Contact us to go over your unique needs in regards to an umbrella policy.

Why We're Different

While most insurance products are similar in price and function, insurance providers vary when it comes to structuring a policy tailored to you.

After all, there’s no such thing as a one-size-fits-all insurance policy when it comes to your business.

Contact us today, and we'll help you protect what matters most.