Personal Umbrella Insurance is a form of liability insurance that will supplement your basic liability policies such as your home, auto, or renters insurance policies. A personal umbrella liability insurance policy provides coverage that is above and beyond claims against an existing liability policy.

A personal umbrella policy provides additional coverage above the limits of your basic policies. An umbrella policy protects from bodily injury and property damage claims in addition to providing a broader range of coverage such as helping to cover libel, slander, or legal fees.

Your assets such as your vehicle, home, investments, retirement, and bank accounts can be at risk in the event you are found liable for injury or damage. If you experience a claim that maxes out your existing liability policies, an umbrella policy provides the additional protection to ensure your assets remain protected. Umbrella insurance can provide protection to prevent financial ruin or an unforeseen accident.

Even if you don’t own a home or have a lot of assets, everyone is a candidate for a personal liability insurance policy. If you are found liable for damages, many of your assets could be at risk such as your earnings, retirement savings, or a college fund.

Accidents could happen to anyone at anytime and a personal umbrella liability policy adds and extends liability coverages and pays for damages and expenses for which you may be liable due to vehicle accidents or accidents at home.