FL Umbrella Insurance — Protect Your Assets
Add $1M+ of liability protection over your auto, home, or boat policy. Use our free umbrella calculator to see the limit most advisors would recommend for your assets.
Frequently Asked Questions
What is umbrella insurance and how does it work?
Umbrella insurance provides additional liability coverage above your home and auto policies. If you cause a serious accident and are sued for $2 million, but your auto policy only covers $300,000, your umbrella policy pays the remaining $1.7 million. It also covers claims that may be excluded from your underlying policies—false arrest, libel, slander, and malicious prosecution. Umbrella policies typically start at $1 million and go up to $5-10 million.
How much does umbrella insurance cost?
Umbrella insurance is one of the best values in personal insurance: a large amount of liability protection for a relatively small premium, with each additional million costing less than the first. Your actual price depends on your underlying auto and home limits, the number of homes and vehicles you insure, and risk factors like teen drivers or a pool. Rather than quote a figure that quickly goes stale, size your recommended limit with our umbrella insurance calculator, then let us shop the current market for you.
What underlying liability limits do I need to qualify for umbrella insurance?
Most insurers require minimum underlying limits before they'll sell umbrella coverage—typically $250,000/$500,000 bodily injury and $100,000 property damage on auto, and $300,000 liability on homeowners. Some insurers require $500,000 on both. If your underlying limits are lower, you'll need to increase them first. The umbrella policy only pays after your underlying policy limits are exhausted, so adequate underlying coverage is essential.
Does umbrella insurance cover business activities?
No, personal umbrella policies exclude business and professional activities. If you own a business, rent properties, or provide professional services, you need commercial umbrella coverage. Personal umbrellas cover personal liability—auto accidents, home injuries, recreational activities, and personal lawsuits. Business activities require separate commercial general liability and commercial umbrella policies. Mixing personal and business insurance can result in denied claims.
Will umbrella insurance cover me worldwide?
Yes, most umbrella policies provide worldwide coverage for personal liability. If you cause an accident while vacationing in Europe or injure someone at your vacation home in another country, your umbrella policy covers you. However, coverage may be limited for properties you own outside the U.S.—check your policy. Some insurers exclude certain countries or require additional coverage for foreign property ownership.
Related Guides
- Free umbrella insurance calculator — see the limit most advisors recommend
- Florida personal umbrella insurance guide
- Florida high-net-worth home insurance
- Private-client insurance for Florida's coastal estates
Get a free quote or call (904) 900-5063 — Atesa Risk Advisors, independent Florida insurance brokerage.