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Personal Umbrella Insurance

For You & Your Family

Ellerhorst Russell Insurance Agency will work with you closely to understand your needs and make sure you’re properly protected.

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Homeowners and auto policies have built in liability limits to protect you from financial loss in the event of a litigation. An umbrella policy covers you when you reach the limits on you homeowner, auto, or renters policy. ​

Umbrella Insurance

All you need in this life full of uncertainties is good insurance coverage to protect you from hazards and keep your assets safe. Good insurance can help you and your family recover after a tragedy that could otherwise leave you hopeless.

But then there is a limit to what standard insurance coverage can do. So you have to look for an alternative to cover the extra costs after losing a lawsuit or being held liable for property damages. Thanks to umbrella insurance, you can avoid frustrating moments that could lead to asset or savings losses.

Umbrella liability coverage is a personal insurance policy that can help you pay claims beyond your standard insurance limits. But what does umbrella coverage entail, how does it work, and its importance?

What is Personal Umbrella Insurance?

Personal umbrella insurance is like an additional policy that comes in handy when you’re liable for a claim that is greater than your standard insurance. It can be that you’re accountable for property damage, injuries, or certain lawsuits that exceed the limits of the other insurance policies.

The additional coverage covers what your homeowner’s and automobile insurance couldn’t pay for, leaving you frustrated. But it can also rescue you from certain liability claims like slander, libel, or false imprisonment. The policy can also cover liability coverage that exceeds the renter’s policy if you have rental properties.

Why is Personal Umbrella Insurance Important?

Even though people fear investing in an umbrella policy, this is something you should not think twice about. This is because insurance has many benefits that can save your back.

Some of the benefits of an umbrella personal liability include the following:

A transparent glass piggy bank sits atop a sturdy table, showcasing its contents of gleaming coins. This captivating visual metaphor symbolizes the importance of personal umbrella insurance, as the piggy bank signifies protection and financial security. The pristine transparency of the glass accentuates the notion of clarity and peace of mind that comes with comprehensive coverage. The arrangement invites viewers to contemplate the value of safeguarding their assets and fortifying their financial well-being.

Protects Your Assets

If your auto or homeowners policy is less than the value of your assets, then you need an umbrella policy. Remember, your assets are things like your savings and checking accounts, savings, investments, or home equity that can be helpful in times of distress.


Most of the time, if you’re liable for injuries or property damage and your standard insurance can’t cover it beyond certain limits, you’ll have to use your assets to bail you out.


However, with umbrella coverage, you’ll have enough liability insurance to cover the lawsuit. So you will enjoy extra protection for your assets with umbrella insurance, preventing you from incurring losses.

A transparent glass piggy bank sits atop a sturdy table, showcasing its contents of gleaming coins. This captivating visual metaphor symbolizes the importance of personal umbrella insurance, as the piggy bank signifies protection and financial security. The pristine transparency of the glass accentuates the notion of clarity and peace of mind that comes with comprehensive coverage. The arrangement invites viewers to contemplate the value of safeguarding their assets and fortifying their financial well-being.
In a domestic setting, a woman sits at a table, her head resting in her hand, visibly distressed as she examines a stack of financial documents spread out before her. The atmosphere is filled with a sense of worry and uncertainty. Meanwhile, in the background of the well-lit kitchen, her husband can be seen standing near the counter, his face marked with concern as he furrows his brow and focuses on a calculator in his hands. This evocative image captures the emotional strain and complexities associated with financial matters. It serves as a poignant reminder of the need for personal umbrella insurance, which can offer a vital safety net and alleviate the burden of unforeseen circumstances, providing individuals and families with peace of mind and stability.

Prevents Financial Ruin

Your finances will also not suffer if you have an umbrella insurance policy despite not having enough auto or homeowners insurance. Remember, if you don’t have enough money to cover the damages of a lawsuit, the expenses must come from your pocket. Using your finances to cover all these can make you suffer financially, leading to your downfall.


However, umbrella insurance will come to your rescue and cover the additional expenses that could have otherwise resulted in financial ruin.

A distinguished lawyer, dressed in a sharp suit, sits confidently at a polished desk. With a pen in hand, he points attentively to the details outlined on a clipboard holding lawsuit paperwork. Adjacent to the documents, a gavel rests prominently on the desk, symbolizing the authority and legal implications involved in personal liability cases. The lawyer's poised demeanor and focused expression convey a sense of professionalism and expertise in handling complex legal matters. This powerful image represents the significance of personal umbrella insurance in protecting individuals and their assets from potential litigation risks. It highlights the importance of having comprehensive coverage and the assurance of skilled legal representation, offering peace of mind amidst legal challenges.

Covers Certain Lawsuits

Additionally, the insurance policy can help you settle attorney fees, slander, and libel charges that are not covered by auto or homeowners insurance. So you won’t use money from your pocket for this, saving your savings and future.
A distinguished lawyer, dressed in a sharp suit, sits confidently at a polished desk. With a pen in hand, he points attentively to the details outlined on a clipboard holding lawsuit paperwork. Adjacent to the documents, a gavel rests prominently on the desk, symbolizing the authority and legal implications involved in personal liability cases. The lawyer's poised demeanor and focused expression convey a sense of professionalism and expertise in handling complex legal matters. This powerful image represents the significance of personal umbrella insurance in protecting individuals and their assets from potential litigation risks. It highlights the importance of having comprehensive coverage and the assurance of skilled legal representation, offering peace of mind amidst legal challenges.

How Does Personal Umbrella Insurance Work?

A personal umbrella policy works differently from other types of insurance coverage. First, you must have an auto or homeowners insurance policy that covers your liability until it reaches its limits.

Despite having the standard policies, Umbrella insurance can also help you with personal liability that the other insurance coverage doesn’t cover. It may also work for claims not covered by the other standard insurance policies, like false arrest, slander, or libel.

Some examples of how an umbrella insurance policy works after reaching the limits of other insurance policies are:

  • You accidentally hit your car on another car damaging other vehicles in the process. Your auto insurance can’t compensate all the cars after reaching a set limit. But umbrella insurance can pay for the damages.
  • Your guest gets injured in an accident because of broken stairs in your home.
  • You write negative sentiments about a company that sues you for defamation.

Personal Umbrella Coverages

Personal umbrella coverage will help you cover some liability claims and lawsuits that your auto or homeowners insurance can’t meet. The insurance policy covers you and your family members that live with you or depend on you, like your kid’s wife or relatives. It can also help sort out a mess made by anyone on the policy declaration.

The main claims and lawsuits this insurance policy can help you with include the following:

Against the backdrop of a blue car that shows clear signs of a recent collision, an older man cautiously exits the vehicle from the passenger side. His face contorted in pain, he instinctively holds his neck, indicating discomfort from potential injuries sustained during the accident. The damaged car serves as a somber reminder of the unpredictable nature of accidents and the vulnerability individuals may face. This poignant image illustrates the significance of personal umbrella insurance, which provides additional protection beyond standard auto insurance. It underscores the importance of having comprehensive coverage to mitigate the financial and emotional repercussions that can arise from unexpected accidents, ensuring individuals receive the necessary support and care during difficult times.

Bodily Injury Liability

Umbrella insurance can help you cover another person’s medical bills if they sue you after causing an accident. The policy can also help you if someone gets hurt and loses their source of income. It can also help with funeral expenses when others die in an accident you’re liable for.

The policy can also help with the treatment costs of someone who gets hurt inside your vehicle.

Against the backdrop of a blue car that shows clear signs of a recent collision, an older man cautiously exits the vehicle from the passenger side. His face contorted in pain, he instinctively holds his neck, indicating discomfort from potential injuries sustained during the accident. The damaged car serves as a somber reminder of the unpredictable nature of accidents and the vulnerability individuals may face. This poignant image illustrates the significance of personal umbrella insurance, which provides additional protection beyond standard auto insurance. It underscores the importance of having comprehensive coverage to mitigate the financial and emotional repercussions that can arise from unexpected accidents, ensuring individuals receive the necessary support and care during difficult times.

Property Damage Liability

Also, expect your umbrella policy to come to your rescue when you’re liable for someone’s property damage. This can also be a circumstance where the property damaged cannot be used beyond the scene, leading to the end of the use of the item.

The damaged property can also be a vehicle where a policyholder is at fault for a car accident. Moreover, umbrella coverage can sort out the mess if your child damages school property.

Certain Lawsuits

You may also save your assets or finances after buying an umbrella policy that covers certain lawsuits like slander and libel. The policy can also help you during false imprisonment, which other covers like auto insurance don’t cover. It also covers attorneys’ fees or any additional expenses relating to a given lawsuit.
In the center of the image, a model Earth globe takes prominence, symbolizing global coverage. Positioned above the globe, a vibrant red umbrella gracefully arches, providing a protective shield. The contrast of the red umbrella against the soothing blue background evokes a sense of security and assurance. This striking visual represents the worldwide coverage feature of umbrella insurance. It conveys the message that no matter where individuals may be, their assets and well-being can be safeguarded under the comprehensive protection of personal umbrella insurance. The image serves as a powerful reminder of the expansive reach and international scope of coverage, ensuring peace of mind for individuals, their families, and their possessions, regardless of geographical boundaries.

Worldwide Coverage

Furthermore, an umbrella gives you worldwide protection, regardless of your location. Meaning you will benefit from the above-covered liabilities wherever you go. But if it’s a case involving foreign ownership of properties or cars, the umbrella doesn’t cover that.

Landlord Liability

You will also not use your assets or finances to pay for expenses you’re held liable for if someone gets hurt at your rental property. If the person sues you and your homeowner’s insurance limits are exhausted, umbrella coverage will foot the bill on your behalf.

What Personal Umbrella Policies Don't Cover

Despite umbrella policies saving most policyholders from unforeseen expenses, there are things they don’t cover. 

Some of the things a personal umbrella does not cover include the following:

Captured in the frame, a man, his wrists confined in handcuffs, is being escorted by a determined police officer towards a waiting police car. The solemn atmosphere and serious expressions on their faces indicate the aftermath of a criminal act. This thought-provoking image serves as a visual representation of what umbrella policies do not cover, particularly criminal acts or intentional acts. It reminds viewers that personal umbrella insurance is not designed to provide protection or support for individuals involved in illegal or intentional actions. Instead, it emphasizes the importance of personal responsibility and ethical behavior. The image underscores the limitations of umbrella insurance coverage while promoting a sense of accountability and the need for responsible decision-making.

Criminal or Intentional Acts

This is one of the expenses you should be ready to foot using your assets if held liable for criminal or intentional acts. Intentional acts are like damaging property by policyholders or beneficiaries knowingly. For example, if you intentionally hit another car, umbrella insurance won’t be responsible for the costs of the lawsuit.
Captured in the frame, a man, his wrists confined in handcuffs, is being escorted by a determined police officer towards a waiting police car. The solemn atmosphere and serious expressions on their faces indicate the aftermath of a criminal act. This thought-provoking image serves as a visual representation of what umbrella policies do not cover, particularly criminal acts or intentional acts. It reminds viewers that personal umbrella insurance is not designed to provide protection or support for individuals involved in illegal or intentional actions. Instead, it emphasizes the importance of personal responsibility and ethical behavior. The image underscores the limitations of umbrella insurance coverage while promoting a sense of accountability and the need for responsible decision-making.
In a sunlit office, a man in a crisp white dress shirt and tie sits at a desk, engrossed in a phone conversation while reviewing documents. His expression reflects distress, with his head resting in one hand as he contemplates the situation. The sunlight streaming through the window adds a serene yet contrasting backdrop. This evocative image represents the aspect of personal umbrella policies not covering business losses. It serves as a visual reminder that personal umbrella insurance is primarily designed to protect individuals and their personal assets, rather than providing coverage for business-related losses or liabilities. The image captures the emotional weight and challenges that can arise from such circumstances, underscoring the need for separate business insurance to mitigate potential financial risks.

Business Losses

Umbrella insurance also can’t pay for business losses as it’s not part of the policy. You should buy business liability insurance to help you in such situations and avoid paying off your assets.

Personal Property

Also, don’t expect umbrella insurance to cover losses on your property. This is because umbrella liability only covers the costs of damage you’re held liable for on someone’s property. So you must buy the right homeowners insurance to protect you from frustration when your property is damaged.
A contract rests on a table, accompanied by a pen, in this visually compelling image. The contract exudes a sense of importance and legal significance, representing the notion of contracts not being covered under personal umbrella policies. The image serves as a symbolic representation, emphasizing that personal umbrella insurance is not designed to provide coverage for contractual obligations or disputes. It highlights the need for individuals to understand the limitations of their insurance coverage and seek specific contractual or legal support when dealing with such matters. The image prompts viewers to recognize the importance of careful consideration and legal guidance in navigating contractual obligations, ensuring that they are adequately protected in these areas.

Contracts

Don’t expect umbrella liability to be effective if you sign a contract with someone or a business and agree to be liable for some costs or damages. Instead, look for ways to cover the expenses without involving the insurance provider.
In this compelling image, a formation of military personnel marches in unison, their uniformed bodies and sturdy boots visible from the waist down. The rhythmic sound of their synchronized footsteps reverberates on the pavement beneath them. This evocative scene represents the exclusion of acts of war under personal umbrella policies, highlighting the inherent risks and unique nature of such situations. The image serves as a visual reminder that personal umbrella insurance does not typically provide coverage for losses or liabilities arising from acts of war or military conflicts. It underscores the need for individuals to explore specialized insurance options or seek appropriate support when dealing with risks associated with war-related perils.

Other Excluded Perils

There are also some liabilities that umbrella coverage doesn’t cover. For example, property damages caused by war or armed conflict are never part of the policy. In fact, getting an insurance company to cover war-related damages is hard, if not impossible. This is because the insurance companies feel the losses from war are too high for them to cover.
In this compelling image, a formation of military personnel marches in unison, their uniformed bodies and sturdy boots visible from the waist down. The rhythmic sound of their synchronized footsteps reverberates on the pavement beneath them. This evocative scene represents the exclusion of acts of war under personal umbrella policies, highlighting the inherent risks and unique nature of such situations. The image serves as a visual reminder that personal umbrella insurance does not typically provide coverage for losses or liabilities arising from acts of war or military conflicts. It underscores the need for individuals to explore specialized insurance options or seek appropriate support when dealing with risks associated with war-related perils.

What Does Umbrella Insurance Cost in Ohio?

The cost of umbrella insurance coverage in Ohio will depend on many things. First, the type of coverage plan matters, as each costs differently. Also, the risks you expose to the insurance company that is insuring you will determine how much you pay for the policy. Your homes or cars and the number of people you want to cover with the policy will also affect the pricing. The higher the number, the higher the cost of umbrella insurance.


Other factors that can affect the amount you pay for umbrella insurance are your assets’ current value and their expected future value. Plus, your income level also matters, as you can only settle for what you’re comfortable with.


Talk to your umbrella insurance provider to help you calculate the policy costs and benefits to make the work easier.

Top Ohio Personal Umbrella Insurance Agency

Buying personal umbrella insurance is a good asset and a money saver, as it can cover the costs of the damages you’re held liable for. An umbrella policy also covers expenses other insurance policies can’t cover, like slander and libel. It acts as additional insurance coverage for your auto and homeowners policies.


To enjoy all these benefits, you must work with the top personal umbrella insurance agency in Ohio. With the best agency, you will understand more about the costs and don’ts of umbrella insurance that leave you peaceful.


Contact us and work with the most reliable agency in town that can help you when you are in need.

This is an image of the auto-owners insurance logo. Its is a navy blue color. Auto Owners if one of the carriers Ellerhorst Russell Insurance has to offer.

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Ellerhorst Russell Insurance Agency will work with you closely to understand your needs and make sure you’re properly protected.​

Frequently Asked Umbrella Insurance Questions

Umbrella insurance is a type of liability insurance that provides additional coverage beyond the limits of your underlying policies, such as your auto policy or homeowners insurance. It acts as an “umbrella” by offering an extra layer of liability protection.
While your existing policies, like auto or homeowners insurance, have their own coverage limits, umbrella insurance kicks in once those limits are exhausted. It provides broader coverage and higher liability limits to protect you from significant financial losses in the event of a liability claim.
Umbrella insurance covers a wide range of liability claims, including those related to personal injury, property damage, libel or slander, and certain lawsuits. It offers an additional layer of protection above and beyond what your underlying policies provide.
Excess liability coverage is another term for umbrella insurance. It refers to the additional coverage provided by the policy once the limits of your underlying policies have been reached.
No, umbrella insurance does not typically provide flood insurance coverage. Flood insurance is a separate policy designed specifically to protect against damages caused by flooding. However, umbrella insurance can offer extra liability protection for liability claims arising from a flood-related incident.
Umbrella insurance for your business provides an added layer of liability protection beyond the coverage limits of your general liability or business insurance policies. It helps safeguard your business assets and finances in the event of a substantial liability claim that exceeds your primary policy limits.
A liability limit refers to the maximum amount an insurance policy will pay for covered losses or claims. It sets the cap on the coverage provided by the policy. Umbrella insurance offers higher liability limits above the underlying policy limits.
Yes, umbrella insurance can supplement your personal liability insurance. It provides an extra level of protection beyond the coverage limits of your homeowners or renters insurance policy, protecting your personal assets in case of a significant liability claim.
Yes, umbrella insurance typically requires an underlying policy, such as auto or homeowners insurance, to be in place. The underlying policy acts as the primary coverage, and the umbrella policy extends the coverage and provides additional liability protection.
The coverage limit of umbrella insurance varies depending on the policy and the amount of coverage you choose. It typically starts at one million dollars and can go up to several million dollars, providing substantial protection against liability claims that exceed your underlying policy limits.

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