For our response to Coronavirus (COVID-19), please see here.

Find an independent agent near you

For our response to Coronavirus (COVID-19), please see here.

Blog

The latest news about the insurance industry

Insurance Basics
Umbrella Insurance

What is Umbrella Insurance?

Umbrella Insurance is a contract between you and your Insurance Company. It can provide additional Liability coverages beyond that provided in your other policies (Home, Auto, Boat, etc). In exchange for your premium payment, your Insurance Company agrees to pay losses as defined in your policy.

Most Umbrella Insurance policies require that the underlying policies have a minimum liability limit (typically $500,000 per occurrence). The Umbrella policy then acts as additional coverage over the underlying in the event of a covered loss.

A variety of limits may be available. Your Insurance Agent can help you determine what limits and coverages are most appropriate for your individual situation.


The content available via Grange.com is for informational purposes only and may not be used for any other purpose. Content provided or expressed on Grange.com, including that of third parties, may not reflect Grange Insurance Association’s (GIA) policies or conform to any agreement you may have with GIA and its subsidiary companies. Please contact a licensed insurance agent to obtain particular advice.

Related Posts

Auto Insurance

Everything You Need to Know About the MyGrange App

Read More
Home Insurance

Practical New Year’s Resolution Ideas: Homeowners Insurance Edition

Read More
Home Insurance

What You Need to Know About Umbrella Insurance

Read More