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Home Insurance Blog How Umbrella Liability Insurance Works

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How Umbrella Liability Insurance Works

Posted by: bryan in Untagged  on Print PDF

Umbrella liability insurance provides an extra cushion of protection above and beyond the limits of your auto or home insurance policies. This type of liability covers damage claims that you or your dependents may cause.

This type of insurance is relatively inexpensive due to the fact that the majority of claim risk is paid by your primary auto or home policies. A $1 million umbrella policy can be purchased for about $150 to $300 per year. The next million will cost around $75, and around $50 for every million after that.

 Contact an insurance agent for more information or to purchase umbrella liability insurance.