Umbrella insurance also covers you and members of your household against lawsuits involving personal injury to others, damage to other people’s property and a variety of claims such as defamation, landlord liability and false imprisonment, depending on your policy.
If you:
- Own property
- Are a landlord
- Have significant savings or other assets
- Frequently host parties in your home
- Serve on the board of a nonprofit
- Are worried about liability claims against you when traveling outside the U.S.
- Own things that can lead to injury lawsuits such as a pools, trampoline, guns or dogs (check to make sure your breed is covered)
- Participate in sports where you could easily injure others (such as hunting, skiing or surfing)
- Have an inexperienced driver in your household
- Coach kids’ sports
- Regularly post reviews of products and businesses
- Are a public figure
