Who Should Have an Umbrella Policy?

You should strongly consider an umbrella policy if you:

1. Own a Home or Property — If someone is injured on your property and sues, your homeowner’s liability coverage may not be enough. An umbrella policy adds an extra layer of protection.
2. Have Significant Savings or Assets — If you’ve worked hard to build your savings or investments, you’ll want to protect them from legal claims that go beyond your existing policy limits.
3. Have a Teenage Driver at Home — Young drivers can unintentionally cause serious accidents. Umbrella insurance can help cover costs if a claim exceeds your auto insurance limits.
4. Own a Swimming Pool, Trampoline, or Dog — These are considered “attractive nuisances” in the insurance world, meaning they increase the risk of someone getting injured on your property—and you being held responsible.
5. Host Guests Frequently — If you enjoy hosting parties or gatherings, there’s always a chance of accidents or injuries on your property. Umbrella coverage offers peace of mind.
6. Use Social Media Publicly — Yes, even online activity can lead to a lawsuit. If someone accuses you or your teen of defamation, slander, or libel, an umbrella policy can help cover legal costs.
7. Serve on a Board or Volunteer Organization — If you’re active in community or volunteer work, an umbrella policy can provide protection in case of liability connected to your role.