Phrases with «umbrella policy»

An umbrella policy is an extra type of insurance coverage that helps protect you if you're sued for damages or injuries. It acts as a backup plan, providing additional liability coverage beyond what your regular insurance policies (such as auto or homeowners insurance) may offer. By having an umbrella policy, you can have extra protection against large lawsuits and help safeguard your assets. Full definition

Related phrases

Sentences with «umbrella policy»

  • But this may fall well short of needed coverage in the event of serious injury, which is where a personal umbrella policy covering personal injury can become invaluable. (carinsurancequote.net)
  • Not all insurers offer umbrella policies for renters, though. (allstate.com)
  • A: A personal umbrella policy provides additional liability coverage after you've reached the limits of a standard insurance policy, like homeowners or car insurance. (allstate.com)
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