Because there is no standard form for personal umbrella liability insurance, each company offering this coverage files its own independently developed form. Consequently, no two personal umbrella policies are exactly alike, and in fact, there are often considerable differences between one contract and another.

Umbrella policies provide coverage beyond the personal automobile liability limits, homeowners personal liability limit and any other personal insurance liability coverages you may have. Umbrella Liability policies also provides coverage for claims that may not be covered by your other personal insurance policies.

Who needs an Umbrella Liability policy, just about everyone needing to protect assets from lawsuits that exceed underlying policy limits.

The cost is lower than you might think for the amount of coverage that this type of policy provides.