Umbrella Personal Liability Policy

An umbrella personal liability policy is an insurance policy that provides additional liability coverage over and above what is already provided by your homeowners, auto, and other liability policies. It can help to protect you from financial ruin if you are sued for a large amount of money.

Umbrella policies typically start where your other liability policies leave off, covering claims that exceed your underlying policy limits. For example, if your homeowners policy has a liability limit of $100,000, an umbrella policy could provide coverage for claims up to $1 million or more.

Umbrella policies can also be used to cover claims that are not covered by your other policies, such as lawsuits for libel, slander, or invasion of privacy. They can also be used to cover costs that are not typically covered by liability insurance, such as legal fees and court costs.

If you have a lot of assets to protect, an umbrella personal liability policy can be a valuable addition to your insurance portfolio. It can help to give you peace of mind knowing that you are financially protected in the event of a lawsuit.

Here are some of the benefits of having an umbrella personal liability policy:

* It can provide additional liability coverage over and above what is already provided by your homeowners, auto, and other liability policies.
* It can help to protect you from financial ruin if you are sued for a large amount of money.
* It can be used to cover claims that are not covered by your other policies, such as lawsuits for libel, slander, or invasion of privacy.
* It can be used to cover costs that are not typically covered by liability insurance, such as legal fees and court costs.

If you are considering purchasing an umbrella personal liability policy, it is important to speak with an insurance agent to find a policy that meets your needs and budget.