Name: Umbrella Insurance
Brand: FIG Insurance

Question 1

What is umbrella insurance?

Accepted Answer

Umbrella insurance provides extra liability coverage beyond the limits of your auto, home, or business policies. It kicks in when your underlying policy limits are exhausted, protecting your assets from large lawsuits and claims.

Question 2

How much does umbrella insurance cost?

Accepted Answer

Umbrella insurance is surprisingly affordable — typically $150–$400 per year for $1 million in coverage. Additional millions cost even less. It's one of the best values in insurance.

Question 3

Who needs umbrella insurance?

Accepted Answer

Anyone with significant assets, rental properties, a swimming pool, teenage drivers, or high-profile activities should consider umbrella coverage. If you could be sued for more than your standard policy limits, an umbrella policy is worth it.

Question 4

What does umbrella insurance cover?

Accepted Answer

Umbrella insurance covers bodily injury, property damage, personal injury (libel, slander), and legal defense costs that exceed your underlying policy limits. Some umbrella policies also cover claims not included in standard policies.

Question 5

How much umbrella coverage do I need?

Accepted Answer

A general rule is to have enough umbrella coverage to protect your total net worth. Most people start with $1–2 million. FIG agents can help assess your risk exposure and recommend the right amount.

Umbrella Insurance

Our Most Popular Carriers

Frequently Asked Questions

Find an Office Near You

Get a Free Umbrella Quote