Umbrella Insurance

Umbrella insurance is personal liability insurance that extends beyond the limits of your homeowners, auto, or renters policy. It’s designed to protect your assets—and your peace of mind—when the unexpected happens.

It covers:

Injuries to others for which you're found liable

Property damage to others

Legal defense fees, settlements, and court judgments

Certain personal liability situations not covered by standard policies, like libel, slander, or false arrest

Whether it's a car accident or an incident on your property, umbrella insurance helps shield your family from large out-of-pocket costs when your base policy is maxed out.

While umbrella coverage isn’t legally required, it can be crucial for:

Homeowners or landlords

Parents of teen drivers

Pet owners

Anyone with a pool, trampoline, or frequent guests

High-net-worth individuals or families with savings and property to protect

Volunteers, coaches, or board members who interact with the public

If you're at higher risk of being sued or held liable—umbrella insurance is a smart, affordable buffer that can protect both your lifestyle and legacy.

Without umbrella coverage, any amount not covered by your primary insurance could come out of your personal finances. That could include:

Liquidating savings or retirement accounts

Placing a lien on your home

Garnishing future wages

In Massachusetts, even a single serious accident or injury claim could expose you to six- or seven-figure lawsuits. Umbrella insurance acts as a financial firewall, helping ensure your family’s future stays intact.

A good starting point is to match your total net worth, including:

Home equity

Bank accounts and investment portfolios

Retirement savings

College funds

Business ownership or income streams

Many policies start at $1 million and increase in $1 million increments. If your lifestyle includes risk exposure (teen drivers, rentals, boats, etc.), you may benefit from higher limits. We'll help you determine the right amount.

Yes—comprehensively. Umbrella insurance typically pays for legal defense costs, attorney fees, and court expenses, even if the lawsuit is groundless or you’re ultimately not found liable.

This is especially valuable in Massachusetts, where legal fees can escalate quickly. Having umbrella coverage means you won’t be paying for your defense out of pocket during one of life’s most stressful events.

No—umbrella insurance is strictly liability coverage, not property coverage.

It does not pay for:

Your own injuries

Damage to your property (home, car, etc.)

Business activities (unless specifically included)

Criminal or intentional acts

It’s designed to cover other people’s losses when you're legally responsible. Your existing homeowners or auto policy handles your personal property.

Not at all—especially considering the protection it provides. A $1 million umbrella policy typically costs between $150–$300 per year.

Rates may vary based on your risk profile, number of homes or vehicles, and driver history—but the cost is small compared to the potential financial loss.

Yes. Most umbrella policies provide worldwide liability coverage, so you're protected even when traveling outside the U.S.—ideal for families who vacation or own property abroad.

(Note: Some exceptions may apply—especially with foreign vehicles—so it’s best to review policy details with your advisor.)

Yes. You don’t need to be wealthy to be sued.

If you have a home, savings account, or earn a steady income—you have something to protect. Lawsuits can target future earnings or force asset liquidation.

Umbrella coverage offers peace of mind and security, no matter your income bracket.