Best Umbrella Insurance
A personal umbrella policy provides an additional layer of protection over the coverage already provided by your auto, homeowners or other personal insurance policies. Even if you think you have adequate insurance for your car, house or small business, a lawsuit could exceed your liability coverage. Umbrella insurance coverage picks up where the liability limits of other policies leave off.
Common Questions
What is umbrella insurance?
What are the most important factors to consider when shopping for umbrella insurance?
Here are some basic factors to consider next time you shop for umbrella insurance:
Bundle vs stand-alone policy.
Minimum liability coverage.
Maximum coverage.
Umbrella insurance cost
What does umbrella insurance cover?
It also covers events that are often excluded from regular liability policies, such as false arrest, libel, slander, rental homes, and damages caused by your dog.
A properly chosen umbrella insurance policy is an excellent tool to protect you from the liability gaps left by auto and home insurance policies. However, comparing umbrella insurance is difficult because they are not standardized like most auto and home insurance policies. At the very least home and auto insurance policies include similar scope and coverages across the board. Umbrella insurance policies, on the other hand, are defined by a set of exclusions and endorsements that vary from policy to policy.
Therefore, it is important to be familiar with umbrella insurance endorsements, riders, and additional coverages when comparison shopping umbrella insurance.
The list below is not comprehensive but includes some of the most common coverages included in umbrella insurance policies. Before you start asking for umbrella insurance quotes or comparing umbrella insurance company ratings, it’s important that you are clear about what coverages you need.