Excess Liability Coverage
A personal umbrella policy adds $1M to $5M or more in liability coverage above your home and auto limits.
Excess Liability Coverage
Once the underlying limits are used up, an umbrella is what stands between a judgment and what you own.
What You Need to Know About Excess Liability Coverage
How the Limit Applies
The umbrella applies after the underlying policy's limit is used up, so setting it starts with what sits beneath it.
Triggers at Underlying Limit Exhaustion
The umbrella attaches when an underlying policy limit is exhausted. If your auto policy pays its $300,000 limit on a serious accident claim, the umbrella picks up the next $1M, before your personal assets are reached. This is the core protection the umbrella provides.
Right-Sizing the Limit
An umbrella limit is worth setting against what a judgment could reach: equity, real estate, and investment accounts.