Umbrella Insurance

At Skyscraper Insurance, we recognize that standard insurance policies may not always provide sufficient coverage for every situation. That’s where umbrella insurance comes in—offering an extra layer of financial protection beyond the limits of your existing homeowners, auto, or renters insurance policies. Whether you’re facing a major liability lawsuit, an unexpected accident, or a costly claim, our personal umbrella insurance ensures that you and your assets are safeguarded against excessive financial loss.

What is Umbrella Insurance?
Umbrella insurance is a supplemental liability policy designed to protect you when the coverage limits of your primary insurance policies have been exhausted. It steps in to cover legal fees, medical expenses, property damage, and other financial obligations that could arise from a lawsuit or unexpected incident.

Without umbrella insurance, you could be personally responsible for paying damages beyond the limits of your standard policy—potentially putting your home, savings, and future income at risk.

Who Needs Umbrella Insurance?
Umbrella coverage is essential for individuals who:
Own property or significant assets that could be targeted in a lawsuit
Drive frequently and want additional liability protection beyond auto insurance
Have a swimming pool, trampoline, or other high-risk features on their property
Host guests frequently, whether at home or in rented spaces
Participate in activities that increase liability risks, such as coaching sports, volunteering, or serving on a board
Have young drivers in the household who may be more prone to accidents
Want peace of mind knowing their finances are protected from unforeseen events

What Does Personal Umbrella Insurance Cover?
Umbrella insurance extends liability coverage in the following situations:

Bodily Injury Liability

Covers medical bills, rehabilitation costs, and legal expenses if someone is injured due to your negligence, such as a car accident or a slip-and-fall accident on your property.
Property Damage Liability

Pays for damages you may cause to someone else’s property, such as damage to a home, vehicle, or business premises.
Legal Fees & Defense Costs

Covers attorney fees, court costs, and legal settlements in cases where you are sued for liability claims.
Personal Injury Liability

Protects against claims of libel, slander, defamation of character, or invasion of privacy.
Landlord Liability Coverage

Provides additional liability protection for property owners in case a tenant or visitor is injured on the premises and files a lawsuit.
Coverage for Uninsured/Underinsured Motorists

Helps cover medical expenses and damages if you’re involved in an accident caused by a driver with little or no insurance.
How Does Umbrella Insurance Work?
Imagine you’re at fault in a major car accident, and the injured party sues you for $750,000 in damages. Your auto insurance policy has a liability limit of $300,000, meaning you would be responsible for paying the remaining $450,000 out of pocket.

With an umbrella policy, the excess amount beyond your standard auto insurance coverage would be covered—saving you from potential financial ruin.

Affordable, High-Value Protection
Many people assume umbrella insurance is costly, but in reality, it provides millions of dollars in extra coverage at an affordable rate. For just a few hundred dollars a year, you can secure $1 million or more in additional liability protection, making it one of the best financial safety nets available.

Why Choose Skyscraper Insurance for Your Umbrella Coverage?
Tailored Protection – We customize umbrella policies to align with your personal risk exposure.
Industry Expertise – Our specialists ensure you have the right coverage to protect your assets.
Top-Rated Carriers – We work with the best insurance providers to offer competitive rates and comprehensive coverage.
Superior Claims Support – We provide prompt, efficient assistance in case of a claim.

Don’t Wait Until It’s Too Late
Liability claims can be financially devastating. Umbrella insurance ensures that you, your family, and your future remain protected against unexpected legal and financial risks.

Contact Skyscraper Insurance today to learn more about umbrella coverage and how it can safeguard your financial well-being.