Personal umbrella insurance is a type of liability insurance that provides extra coverage beyond the limits of your standard homeowners, auto, or other personal insurance policies. It’s designed to protect you from major claims and lawsuits that could exceed your existing coverage, safeguarding your assets and future income.

How It Works:

• Additional Liability Protection: If you’re sued for damages that go beyond your primary insurance (home, auto, etc.), umbrella insurance kicks in.
• Covers Legal Fees: It helps pay for legal expenses, settlements, and judgments.
• Broad Coverage: Protects against personal liability claims, such as injury lawsuits, property damage, libel, and slander.
• High Coverage Limits: Typically starts at $1 million and can go much higher.

Example Situations Where It Helps:

1. Car Accident: You cause an accident with severe injuries, and medical costs exceed your auto insurance limits.
2. Property Accident: A guest slips on your property and sues for medical expenses beyond your homeowners’ coverage.
3. Defamation Lawsuit: Someone sues you for slander or libel due to a social media post.

Who Needs It?

• Anyone with assets to protect