If any of the above situations happen to you, there's a good chance your insurance policy limits might not be adequate.
Umbrella liability insurance can extend your liability coverage by adding an extra layer of protection above your homeowners, renters, condominium, watercraft and auto policy liability limits. It can better protect your assets (including future earnings) by providing additional protection in the event of a lawsuit.
It may seem that all of this additional coverage would be expensive, but you may find the cost is very affordable. Your cost will depend on the options you select, but the typical umbrella policy starts at only $15 per month.