A Personal Umbrella Insurance policy provides an additional layer of personal liability protection. A single policy covers all underlying policies you own (auto, home, motorcycle, boat, etc.) and it takes effect if the liability limits on all other existing policies are exhausted.
 
Who should consider Umbrella Insurance?

Anyone who owns assets that exceed the liability coverage included in vehicle or property insurance should consider a personal umbrella policy. These assets can include home equity, college and retirement savings, a second home, stocks and bonds.
 
Personal umbrella protection adds and extends liability coverages and pays for damages and expenses for which you, or covered family members, may be liable due to auto accidents, home accidents or recreational vehicle accidents.
 
With Personal Liability Insurance, you receive additional liability coverage over the limits of your auto, home or recreational vehicle policy. You also will get protection from liability claims not normally covered under your home policy, such as libel or slander. You will be reimbursed for defense costs, attorney fees and other expenses associated with a lawsuit, even if the lawsuit is frivolous or groundless. This coverage also extends to other members of your household who are also insured under the policy.