Protect your assets, savings, and future with an Umbrella Insurance policy. It provides additional liability coverage beyond the limits of your home, auto, or renters insurance.
Accidents and lawsuits can be costly, but an umbrella policy ensures you won’t face financial ruin due to unexpected liability claims.
Before you finalize your coverage, make sure you have the right Umbrella Insurance Policy to safeguard your financial future and peace of mind.
Umbrella Insurance provides extra liability coverage beyond standard home, auto, and renters insurance policies. It protects against major claims and lawsuits, safeguarding your assets and future.
This policy covers legal fees, medical costs, and damages in cases of personal injury, property damage, or defamation lawsuits, ensuring financial security against unforeseen liabilities.
Umbrella Insurance provides extended liability coverage beyond standard policies. Here are the main types:
Umbrella Insurance does not provide Own Damage Cover. Instead, it offers extended liability protection beyond your existing auto, home, or renters insurance policies.
For vehicle-related own damage coverage, you would need Comprehensive or Collision Insurance under your auto insurance policy. Umbrella Insurance only covers liability claims, such as legal expenses, medical bills, or damages exceeding standard policy limits.
While Umbrella Insurance provides additional liability coverage, it does not cover all situations. Common exclusions include:
Inclusions in a Umbrella Insurance Policy specify circumstances or events where the insurer will provide coverage.
| General Inclusions in Umbrella Insurance | |
|---|---|
| Bodily Injury Liability | Covers medical expenses, legal fees, and damages if you are found responsible for injuring someone. |
| Property Damage Liability | Provides coverage if you cause damage to someone else's property (e.g., a car accident or damaging a rented property). |
| Legal Defense Costs | Pays for attorney fees and court costs if you are sued for a covered claim. |
| Libel, Slander, and Defamation | Covers legal expenses if you are sued for making defamatory statements. |
| False Arrest and Malicious Prosecution | Provides coverage if you are sued for wrongful detention, false imprisonment, or malicious prosecution. |
| Tenant Liability | Covers damages caused by you to a rented property beyond your home insurance limits. |
| Worldwide Coverage | Extends liability protection beyond the U.S., covering incidents that occur internationally. |
