The Law and Your Home

Liability Insurance

Who needs an umbrella policy?

People usually determine their need for umbrella liability coverage not so much by how many hazards they have on their property as by the assets they have to protect. After all, the wealthier you are, the more you have to lose if someone is injured on your property. Some people buy $5 million in coverage, and some even take out umbrellas over their umbrellas. Consult your insurance agent to help decide what type and amount of coverage is best for you.

>>What kind of liability coverage is provided by a typical homeowner's policy?
>>What is an "umbrella" liability policy?
>>Who needs an umbrella policy?

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