Ultimate Protection Guide Umbrella Insurance For Wealthy Families

How Umbrella Insurance Works

Umbrella insurance kicks in when the liability limits on your other policies are exhausted. For example, if you're involved in a car accident and the damages exceed your auto insurance limit, umbrella insurance covers the remaining costs. It also provides coverage for claims that might not be included in other policies, such as libel, slander, and false arrest. This broad scope ensures that you are protected from a wide range of potential financial threats.