Who Needs Umbrella Insurance?

Umbrella insurance, also known as personal liability insurance, is a type of coverage that provides additional liability protection beyond the limits of your homeowner's or auto insurance policy. While umbrella insurance is not required by law, it is an important type of insurance for certain individuals and situations.

Anyone with significant assets to protect should consider purchasing an umbrella policy. This includes homeowners, business owners, and professionals. An umbrella policy can provide extra protection in case of a lawsuit resulting from an accident or injury on your property, or if you are found liable for damages that exceed the limits of your primary insurance policy.

Individuals with a higher risk of being sued, such as landlords and those with pools, trampolines, or other potential hazards on their property, should also consider an umbrella policy. Even if you are found not liable in a lawsuit, legal fees can quickly add up and an umbrella policy can provide coverage for those expenses as well.

Families with teenage drivers should also consider an umbrella policy. Teens are more likely to be involved in car accidents and if one of your teenage drivers is found liable for an accident, an umbrella policy can provide additional coverage to protect your assets.

Umbrella is an affordable and important type of coverage to protect you beyond your home and auto policy, and prevent an extraordinary event from becoming a financial life-changer.