Personal Umbrella Insurance

An umbrella insurance policy acts as an umbrella over your current policy. You may have already have homeowners or auto insurance, and adding an umbrella policy to it gives you more money incase of a lawsuit. Umbrella insurance is usually relatively inexpensive, sometimes less than a dollar a day. With a personal umbrella insurance policy you can add an additional 1-10 million in liability protection, amounts may vary depending on the company.

If you don't already have a homeowners and auto insurance policy, you can ask your agent about umbrella insurance when you are shopping for insurance. In order to get an umbrella policy, you must already have liability insurance for auto and homeowners insurance. By adding an umbrella insurance policy to your existing coverage you will have more liability insurance and be better protected.