Personal Umbrella Insurance offers an extra layer of security beyond your existing policies, such as auto and homeowners insurance. This type of insurance is designed to provide additional coverage for liabilities that exceed the limits of your primary policies. For example, if you’re found liable for damages or injuries that surpass your auto or home insurance limits, Personal Umbrella Insurance can cover the excess costs. It also often includes coverage for certain claims not covered by your primary policies, such as libel or slander. When considering Personal Umbrella Insurance, think about your overall risk exposure, including potential liabilities from activities you’re involved in and the value of your assets.
