They range from serious injuries resulting from tragic accidents to seemingly silly disputes. If the day comes when you're served with legal papers, it's imperative that you have insurance to cover your legal liability.
Umbrella policies provide an extra layer of protection.
That's where a personal liability umbrella policy can help you. Umbrella policies, as they're also known, supplement the liability coverage you already have through your home and auto insurance and provide an extra layer of protection. Umbrella policies aren't just for the wealthy. They're really for anyone who has assets that might be at risk if they cause a serious accident. If you don't have enough liability coverage to resolve a claim or a lawsuit, the person bringing the action might go after your home or your other assets to pay for damage.