A serious accident or lawsuit can exceed the liability limits on your home and auto policies. A personal umbrella policy adds an extra layer of liability protection, often $1 million or more, for a relatively low cost.
It's especially worth considering if you have a pool, a boat, teen drivers, rental property or significant savings.
What umbrella insurance can cover
- Liability above your auto, home and boat policies
- Legal defense costs
- Certain claims not covered by underlying policies
- Libel, slander and defamation claims
- Coverage for household members
- Rental property liability
Good to know in Florida: Umbrella policies typically require certain liability limits on your underlying auto and home policies. We'll coordinate those limits so there are no gaps.
Personal Umbrella Insurance FAQs
How much umbrella coverage do I need?
Umbrella policies are usually sold in $1 million increments. A good starting point is enough to protect your net worth and future income.
Do I need to raise my auto limits first?
Usually yes. Carriers require minimum liability limits on underlying policies. We'll set those up correctly.
Does an umbrella cover my business?
No. Personal umbrellas cover personal liability. Businesses need a commercial umbrella policy.