Umbrella Insurance

The insurance industry loves its jargon. And unless you’re around it every day, as we are, there is a strong possibility it might leave you scratching your head. These definitions can help minimize confusion.
Today we live in a very litigious or lawsuit-happy society. And judges and juries are handing down larger money awards than ever before. Subject to policy limits and exclusions, with a Personal Umbrella policy you have additional coverage over and above the liability limits of your underlying policies, such as auto and home. What this means is, your assets as well as your future earnings are covered.