Umbrella insurance provides extra liability coverage beyond the limits on your existing policies. It pays out if you are at fault for injuries or damage, and your other policies are not enough to cover the costs.

The main purpose of an umbrella policy is to protect you and your assets from the financial fallout of certain unforeseen events, such as; a pedestrian stepping out into traffic in front of you, a motorcycle darts into your lane unexpectedly and you hit them, or a guest falls and injures themselves on your property. You could be held responsible for unforeseen events like these and the resulting lawsuit could threaten everything you've worked hard for.

Umbrella policies are relatively inexpensive and the policy will give you broader coverage in the event you are sued and peace of mind knowing you and your assets are better protected.

Article By: Kaye Duncan, CISR, and Lead Personal Lines Agent at Darnielle Insurance