Use umbrella insurance to protect your family and assets

Description

Abstract: Homeowners or auto insurance policies are a good insurance foundation, but they may not be enough for the average family. Many folks, and especially those who’ve accumulated any level of assets, will find it prudent to add an excess liability policy, sometimes referred to as an “umbrella” policy, to their insurance coverage. This article explains what an umbrella policy is, what is and isn’t covered, how much coverage might be necessary, and what to expect in terms of cost.