What Is Personal Umbrella Liability Insurance?


Quick Answer

Personal umbrella liability insurance provides coverage in the event of a lawsuit or a major claim. This type of insurance focuses on two major coverage types: coverage for claims that are above the limits of policies and coverage for claims excluded by polices.

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Full Answer

Examples of circumstances that could be covered under personal umbrella liability insurance include injuries, property damage, lawsuits and situations involving personal liability. This coverage goes beyond the traditional coverage limits and circumstances offered by standard insurance policies. And example of a situation where personal umbrella liability coverage would be used is when a lawsuit is filed regarding slander or liable, or in the event of a false arrest.

Circumstances when personal umbrella liability coverage may come into play for liability include bodily injury liability, such as when a person has been harmed because of a pet, when a guest has fallen in a home or yard, or when a serious auto accident resulted in injuries and the policy holder is considered at fault. Damages that occurred at rental units owned by the policy holder may also be covered under personal umbrella liability coverage. Examples of this include lawsuits filed when a tenant's pet harms another person or someone falls on the rental property.

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