What Is Umbrella Insurance?

Umbrella insurance refers to a policy that fills in the coverage gaps left by your primary policies. It’s called an “umbrella” because it offers more extensive protection than a standard policy and covers the liability claims of all policies underneath it.

An umbrella policy isn’t the same thing as excess coverage. Excess coverage only goes into effect when all your other underlying policies are totally exhausted. An umbrella policy, on the other hand, can conveniently fill coverage gaps in said underlying policies, protecting your assets and future income.

Why Do I Need an Umbrella Policy?

It’s designed to give you added liability protection above and beyond the limits on your existing homeowners, auto, and watercraft policies. Depending on the insurance company, you can add an additional $1-5 million in liability protection. It’s designed to kick in when the liability on your other current policies has been exhausted.

This type of policy gives you more liability protection without a lot of extra cost – especially compared to the added coverage you gain. It covers your non-business activities anywhere in the world. 

How Do I Shop for an Umbrella Insurance Policy?

That’s easy – call us! We can help you figure out how much coverage you already have, how much you need, and where an umbrella policy fits in. Call 916-773-3800 to speak with an ISU representative today!