I already have $500,000 liability limits on my homeowners insurance and my auto insurance, why do I need an umbrella policy?2016-12-082016-12-08https://www.insuringnashville.com/wp-content/uploads/2025/04/eagle_logo.pngEagle Insurance & Financialhttps://www.insuringnashville.com/wp-content/uploads/2025/04/eagle_logo.png200px200px
An umbrella policy kicks in when the limits of your existing property, car, boat or motorcycle insurance have been exhausted. It’s not at all uncommon for liability lawsuits to result in judgments in excess of $1 million, an umbrella can cover the difference between your policies.
