What is Umbrella Insurance? An easy guide to umbrella insurance: A blog around umbrella insurance and its benefits.

Umbrella insurance is an extra layer of protection, particularly for those with high incomes, who have assets to protect or own a home.

Umbrella insurance is a form of liability insurance that provides extra protection over and above your existing policies.

It is not a substitute for other types of insurance; if you need Auto Insurance or Home Insurance, you’ll still need to have those policies in place.

In other words: umbrella insurance can help protect your assets in case something bad happens.

​If you have high income or own valuable assets such as a home or cars with equity in them, it's especially important for you to have umbrella coverage.

It’s also important to note that umbrella insurance does not cover all risks: it only covers the excess amount over what’s already covered by your other policies. Make sure the underlying policies are sufficient on their own before purchasing an umbrella policy on top.

Conclusion

We hope this article has helped you understand what umbrella insurance is and how it can help you better protect your assets. If you have any further questions, please contact us. We are happy to help!