Umbrella coverage is additional liability coverage. It is available to help protect you from major claims or lawsuits. Most all carriers have minimum liability requirements in order to be considered for an umbrella policy.
The rates for umbrella policies can vary but are traditionally much lower than a typical home, auto, or commercial general liability policy rate because the coverage pays secondary to the another.
Umbrella coverage is just as it sounds. The coverage can be purchased to cover excess liability above the limits of a home or auto policy. The same goes for Commercial General Liability and a Commercial Auto Policy.
To determine if you need an umbrella policy or if your individual situation requires, call our agency to determine your eligibility.