A personal umbrella policy can provide coverage after the limits of your other liability policies have been reached. If you are held responsible for a substantial legal claim involving property damage or bodily injuries of others, your financial obligation may exceed what your standard home, auto, watercraft or renters insurance will pay. A PUP can provide extended liability limits so those payments do not have to come out-of-pocket. Additionally, personal umbrella insurance can provide coverage for personal injuries, such as libel or slander, which may be excluded from your other policy’s liability coverage.