Personal Umbrella Insurance Massachusetts

Think you’ve got it all covered?

Purchasing a Personal Liability Umbrella Policy will help you protect your hard-earned assets. Umbrella Insurance will provide an additional layer of comprehensive liability protection for you and your family at a low cost. It also insures against personal injury, which includes libel, slander or, defamation of character.

Personal Umbrella Insurance - LoPriore Insurance Agency Stoneham MA 02180

Personal umbrella insurance (sometimes called excess liability) is a policy that provides an additional layer of liability that goes beyond the coverage of your primary insurance policies. For example, when the limits of your homeowner’s or auto policy are exhausted, your umbrella policy could offer the extra coverage you need.

Personal umbrella insurance is designed to provide extra liability when you need it. The policy can be used to take care of gaps not covered by your standard policies. When your liability responsibility goes beyond the limits of your home, auto, boat, recreational vehicle, or snowmobile insurance coverage, your personal umbrella policy can cover those additional losses. Umbrella insurance can also provide the liability coverage you need for personal injury, including libel, slander, and defamation of character.

Anyone seeking additional coverage for hard-earned assets can benefit from a personal umbrella insurance policy. The policy also insures against personal injury, which includes libel, slander, and defamation of character. Accidents are unpredictable and costs add up quickly. Anyone can benefit from personal umbrella insurance.


A personal umbrella insurance policy provides coverage designed to protect you from large liability claims that could be devastating to your financial situation. The policy allows you to choose the limits you need to cover gaps in your standard insurance policies and provide protection against personal injury. Personal insurance covers things like bodily injury, personal injury, property damage, and landlord liability. It typically does not cover personal belongings, business losses, intentional criminal acts (like vandalism), or written or oral contracts.

While your primary insurance policies generally carry liability coverage, these limits can quickly become exhausted during a major event. For example, if you’re at fault in an auto accident and the other driver experiences significant injuries your auto liability limits might not cover medical expenses. A personal umbrella insurance policy can extend this coverage to take care of the additional costs. Still, umbrella insurance does more than provide secondary coverage. The policy is used as primary coverage when gaps exist in your standard insurance policies.

Additional Liability Coverage

Many people mistakenly think umbrella insurance isn’t for them because they don’t have expensive possessions or property. However, there are situations where standard policies don’t cover the full scope of damage caused by an accident. A personal umbrella policy can provide additional coverage beyond your standard liability on any of the following personal policies.

  • Automobile
  • Home
  • Boat
  • Recreational vehicles
  • Snowmobile



Primary Coverage

Your personal umbrella insurance provides liability coverage. There are some instances in which you might need liability coverage that isn’t offered by standard personal insurance policies. Your umbrella insurance can provide coverage for significant non-business liability claims not covered by your other policies like libel, slander, and defamation of character.

Legal expenses can add up quickly. Your personal umbrella insurance will provide coverage for the following legal costs if you need defense for a covered claim.

  • Defense costs
  • Interest on unpaid judgments
  • Premiums on appeal bonds
  • Reasonable costs incurred by your insurance agency or reasonable costs incurred by you at your insurer’s request

Limits and Deductibles

Personal umbrella insurance limits vary widely. In fact, you can get limits ranging from $1 million to $50 million in coverage. Deductibles often apply to a covered claim when there is no underlying coverage.

When you’re facing such a big range of coverage, finding exactly what you need can seem difficult. The experienced independent agents at LoPriore can help you determine the exact amount of coverage you need. At LoPriore, our motto is insurance that fits your lifestyle. We’re passionate about insurance products and providing our valued customers the service they deserve. That’s why we always take the time to listen to your needs and explain all of the options available to you. Our independent insurance agents have the advantage of working with several insurance companies which is why we can provide you with the very best coverage at the most competitive prices.

Frequently Asked Questions About Personal Umbrella Insurance

When Should I Get Personal Umbrella Insurance?

A personal umbrella insurance policy is always available when you’re seeking a low-cost way to safeguard your financial assets and potential future income. Anyone can benefit from personal umbrella insurance.

How Much Umbrella Insurance Coverage Should I Buy?

There are three key factors to take into consideration when determining the amount of umbrella coverage you need.

  • Current net worth
  • Future income
  • The financial risk you plan to protect against

The cost of the policy may also impact your decision.

How Much Does An Umbrella Policy Cost?

The average cost for an umbrella policy begins between $150 and $350 yearly. In most cases, adding an additional $1 million in coverage will cost less, as well as every $1 million beyond that.

Does My Personal Umbrella Policy Cover My Family?

Family members living in your home are generally protected by your personal umbrella policy. However, some exclusions apply, so it’s important to read your policy carefully and share any concerns with your insurance agent.

Does Umbrella Insurance Cover Rental Property?

Umbrella insurance can help rental tenants in a few different ways. If you have renters insurance, an umbrella policy can extend the liability limits beyond standard coverage. Additionally, if an accident occurs and you’re found liable for causing bodily injury or property damage, your umbrella policy can help you cover damages and legal fees.

Accidents are unpredictable and they happen to everyone. Protect yourself, your family, and your assets from risks with a personal umbrella policy that provides additional liability to keep you safe. At LoPriore, we always offer a variety of insurance policies to fit your needs and budget. Get in touch to learn more about our available policies, get a quick quote, or have your questions answered by one of our experienced agents.

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