An umbrella adds liability limit above your home, auto and watercraft policies.
The short version
An umbrella generally responds after the limits of your underlying policies are used up. It is extra liability protection. It is not extra property coverage.
What to know
- Umbrella policies commonly require minimum limits on the underlying policies
- They have their own exclusions, often including business activities
- They can cover claims that an underlying policy does not, depending on wording
- The right limit depends on your assets and exposure
Questions to ask
- What underlying limits do I need?
- What is excluded?
- Are all my properties, vehicles and boats scheduled?
General information only. Actual coverage depends on your policy, and coverage is not in force until confirmed in writing by the agency.