Who needs umbrella insurance

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We never dreamed that a short story about umbrella insurance would be the top-ranked article in our monthly reader survey, but that’s exactly what happened when we tackled the topic in July 2018.

The article also generated plenty of reader mail. Many of you wrote to ask us to revisit the topic and help you determine how much umbrella coverage you need—and to do just that, we’ve developed a tool you can use.

Umbrella insurance—also known as excess personal liability insurance—sits on top of your auto­mobile, homeowners and watercraft liability coverage.

If you injure someone in a car accident or someone slips and falls on your property, your auto or home insurer will pay for damages up to the liability limits of your coverage. If the damages exceed those limits, the injured party may sue you for the difference.

An umbrella policy will pay a judgment or settlement if you’re found to be at fault, and will pay for your defense even if you’re not found at fault.

Umbrella insurance is generally sold in incr

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