Umbrella Personal Liability Policy

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Dictionary Says

Definition of 'Umbrella Personal Liability Policy'

A type of insurance policy that provides excess coverage above and beyond the liability coverage amounts in a standard insurance policy. The umbrella policy provides extra protection in the event that a lawsuit exceeds the basic level of coverage in the standard policy.
Investopedia Says

Investopedia explains 'Umbrella Personal Liability Policy'

An umbrella personal liability policy extends the basic coverage provided in different types of liability coverage, including home, auto, boat and tenant policies. This type of policy provides broad coverage, meaning that some claims that would not be covered by a standard policy may be covered under the umbrella policy. However, an umbrella policy only kicks in once the regular coverage amount is exceeded. Generally, the insured's standard policies must contain minimum levels of liability coverage that are specified by the insurance company in order to add an umbrella policy, and therefore, greater liability coverage.
Search results for

'Umbrella Personal Liability Policy'

  • It's Raining Lawsuits: Do You Need An Umbrella Policy?

    http://www.investopedia.com/articles/insurance/09/do-you-need-an-umbrella-policy.asp
    ... damage coverage of $100,000 per accident; Homeowners insurance personal liability
    coverage of ... insurance with them before they will issue you an umbrella policy. ...

  • Cover Your Company With Liability Insurance

    http://www.investopedia.com/articles/pf/08/CGL-insurance.asp
    ... policy. Just as every business needs a CGL policy, every policyholder needs
    appropriate personal liability umbrella insurance. Many ...

  • Intro To Insurance: Property And Casualty Insurance | Investopedia

    http://www.investopedia.com/university/insurance/insurance3.asp
    ... Filling The Gaps In General Liability Insurance.) Certain ... with the intent to cause
    personal injury or ... Umbrella policies are fairly inexpensive to acquire, and ...

  • 6 Types Of Insurance Coverage You Didn't Think You Needed ...

    http://financialedge.investopedia.com/financial-edge/1111/6-Types-Of-Insurance-Coverage-You-Didnt-Think-You-Needed.aspx
    ... in your existing policies may not be enough to protect your personal assets. To
    increase limits, you can purchase an umbrella liability policy, which will ...

  • Intro To Insurance: Conclusion | Investopedia

    http://www.investopedia.com/university/insurance/insurance11.asp
    ... the property itself, loss or damage to personal property, and liability for
    unintentional ... Umbrella insurance helps you protect your assets if you are ...

  • CFP Study Guide - Property, Casualty and Liability Insurance ...

    http://www.investopedia.com/exam-guide/cfp/property-casualty-liability-insurance/default.asp
    ... Insurance: 10.1 Introduction to Personal Insurance; ... 10.8 Umbrella Liability Insurance;
    10.9 Business Insurance; 10.10 Professional and Director Liability; ...

  • The Beginner's Guide To Homeowners' Insurance

    http://www.investopedia.com/articles/pf/08/homeowner-insurance.asp
    ... Personal liability for damage or injuries caused by you or your family - This ... insight,
    see It's Raining Lawsuits: Do You Need An Umbrella Policy?); Hotel or ...

  • CFP Study Guide - Property, Casualty and Liability Insurance ...

    http://www.investopedia.com/exam-guide/cfp/property-casualty-liability-insurance/cfp4.asp
    ... Insurance: 10.1 Introduction to Personal Insurance; ... 10.8 Umbrella Liability Insurance;
    10.9 Business Insurance; 10.10 Professional and Director Liability; ...

  • Don't Get Sued: 5 Tips To Protect Your Small Business

    http://www.investopedia.com/articles/financialcareers/08/company-lawsuits.asp
    ... Do You Need An Umbrella Policy?) Tutorial: Starting ... secure directors and officers
    liability (D&O) insurance ... insurance protects the directors' personal assets in ...

  • CFP Study Guide - Financial Planning: Process and Rules ...

    http://www.investopedia.com/exam-guide/cfp/financial-planning-process-rules/default.asp
    ... Insurance: 10.1 Introduction to Personal Insurance; ... 10.8 Umbrella Liability Insurance;
    10.9 Business Insurance; 10.10 Professional and Director Liability; ...

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