An umbrella policy typically provides coverage for liability and defense costs outside of your standard policy. Umbrella policies cover what primary insurance excludes as well as additional coverage beyond the limits set in your primary policy. Please note, an umbrella policy is not a stand alone insurance and works in conjunction with your current plan.
Ensure you’re protected in a variety of liability related situations including bodily or personal injury, property damage, and legal expenses related to any covered lawsuit. For example, if an employee of a landscaping company accidentally causes bodily injury to two bystanders while on the job and the company is found liable for a total $1.5 Million dollars. Although their general liability coverage is for $1 Million, they can rely on their umbrella policy to pay for the remaining debt allowing them to get back to business as usual faster.