Umbrella Policy vs Raised Auto Limits
Raising **auto liability limits** (e.g. 100/300) is the first defense. A **personal umbrella** adds $1M+ excess liability cheaply—but requires minimum underlying auto/home limits.
Step by step
1. Max out auto first
Umbrella carriers require 250/500 or similar underlying auto.
2. Price per million
Umbrella often costs $150-300/yr per extra million.
3. Cover assets
Match liability to net worth plus future earnings risk.
Umbrella vs higher auto only
Umbrella protects beyond auto accidents—rental property, lawsuits, etc.
- Higher auto limits: Cheaper step; auto-only coverage scope.
- Umbrella: Broad excess liability; requires home/auto bundle discipline.
Use our calculators
Common mistakes
- Buying umbrella without required underlying limits
- Underinsuring home to save premium
FAQ
Does umbrella cover rental properties?
Often yes with schedule—disclose all properties to insurer.