Umbrella Insurance
Extra liability protection when you need more.
Your homeowners, renters, or auto insurance provides important liability protection—but a serious accident or lawsuit can sometimes exceed the limits of those policies.
Umbrella Insurance provides an additional layer of liability protection above certain underlying policies, helping protect your assets and financial future from covered claims.
At VeritasPoint Insurance Services, we help you understand whether additional liability protection may make sense for your situation.
Support available in English and Vietnamese.
What Is Umbrella Insurance?
Umbrella insurance provides additional liability coverage above the limits of certain underlying insurance policies.
For example, an umbrella policy may provide additional protection above:
Personal Auto Liability
Homeowners Liability
Condo Liability
Renters Liability
Certain Rental Property Liability
The underlying policies generally must meet the insurance company's required limits.
Why Consider Umbrella Insurance?
A serious accident can result in substantial financial liability.
For example:
A major auto accident causes serious injuries
A guest is seriously injured at your home
A tenant or visitor is injured at a rental property
You are found legally responsible for significant property damage
A covered personal liability claim exceeds the limits of your underlying policy
Umbrella insurance may provide additional protection after the underlying insurance limits have been exhausted, subject to the umbrella policy's terms and conditions.
Who May Want to Consider Umbrella Insurance?
Umbrella insurance may be worth considering if you have:
Significant savings or investments
A home or other property
Multiple vehicles
Rental properties
Teen drivers
Frequent guests
Higher income
Assets you want to protect
Increased exposure to personal liability
You don't necessarily have to be wealthy to consider umbrella coverage.
A serious liability claim can create financial exposure for many households.
Example
Imagine you are involved in a serious auto accident and are found legally responsible for damages exceeding your auto liability limit.
Your auto policy may pay up to its applicable liability limit.
If an umbrella policy applies to the claim, it may provide additional liability protection above the underlying auto policy, subject to the umbrella's requirements, limits, exclusions, and conditions.
The exact coverage depends on the policy.
What Does Umbrella Insurance Cover?
Depending on the policy, umbrella insurance may provide additional protection for certain:
Bodily Injury Liability
Claims involving injuries to other people.
Property Damage Liability
Claims involving damage to another person's property.
Personal Liability
Certain personal liability claims that fall within the scope of the umbrella policy.
Certain Personal Injury Claims
Some umbrella policies may provide coverage for certain personal injury exposures, such as specified claims involving:
Libel
Slander
Defamation
Other covered personal injury offenses
Coverage varies by policy.
Umbrella Insurance & Rental Properties
If you own rental property, you may have additional liability exposure.
A landlord may be responsible for certain claims involving:
Tenants
Guests
Property conditions
Accidents occurring on the premises
An umbrella policy may provide additional liability protection over eligible rental-property coverage when the property and underlying policy meet the umbrella company's requirements.
Not every rental property or landlord policy automatically qualifies.
Umbrella Insurance & Teen Drivers
Teen drivers can create additional liability exposure because inexperienced drivers may have a higher likelihood of accidents.
Families with young drivers may want to consider whether their existing liability limits provide adequate protection.
An umbrella policy may provide an additional layer of protection, subject to eligibility and policy requirements.
How Much Umbrella Coverage?
Umbrella policies may be available in different coverage amounts depending on the insurance company and your circumstances.
The appropriate amount can depend on:
Assets
Income
Property ownership
Rental properties
Vehicles
Drivers in the household
Potential liability exposure
Existing insurance limits
Personal circumstances
There is no single amount that is right for everyone.
What Is Required Before Purchasing?
Umbrella insurance generally requires you to maintain certain minimum liability limits on your underlying insurance policies.
These may include:
Auto insurance
Homeowners insurance
Condo insurance
Renters insurance
Rental property insurance
The required underlying limits vary by insurance company.
We can review your existing policies to determine whether they meet the applicable requirements.
What Umbrella Insurance Does NOT Mean
Umbrella insurance is not a replacement for your homeowners or auto insurance.
Think of it as an additional layer:
Homeowners / Auto / Other Underlying Coverage
↓
Umbrella Insurance
The underlying policy generally responds first, and the umbrella may provide additional coverage after the underlying limits are exhausted, when the claim is covered.
What Can Affect the Cost?
Umbrella premiums can depend on factors such as:
Coverage amount
Number of vehicles
Number of drivers
Driver history
Property ownership
Rental properties
Underlying liability limits
Claims history
Location
Other underwriting factors
How We Help
At VeritasPoint Insurance Services, we look at your overall liability exposure—not just one insurance policy.
We can help you review:
Your Assets → Your Vehicles → Your Properties → Your Risks → Your Liability Limits
Then we can help you determine whether additional liability protection may be appropriate.
Personalized support is available in English and Vietnamese.
Ready for a Liability Review?
Umbrella insurance may be worth considering if you're:
A homeowner
A landlord
A property owner
A parent with teen drivers
A high-income household
Someone with significant assets
Someone who wants additional liability protection