Often called an "umbrella insurance" because it is carried over all other liability insurance and is used for a catastrophic loss when primary liability insurance is exhausted. This policy adds extra coverage to your personal liability and automobile liability policies.This policy is designed to cover catastrophic situations where a legal award could exceed the limits of your primary liability insurance.
There are many factors to consider when calculating a premium: the state in which you live, the number of liability exposure you have (cars, drivers, boats) etc. Usually the best rates occur when the customer insures both auto and home with the same company as the umbrella.
