Umbrella Policy

Insurance that covers legal responsibility for injuries or damage caused to others or their property.

The maximum amount an insurance policy will pay for covered liability claims.

The amount paid by the policyholder to the insurance company for coverage, typically on a monthly, quarterly, or annual basis.

An unexpected event or circumstance without deliberate intent that results in injury, damage, or loss.

The scope of protection provided under an insurance policy, including the types of losses and risks that are covered.

The amount you must pay out-of-pocket before your insurance coverage begins to pay for covered losses.

Specific conditions, circumstances, or types of losses that are not covered by an insurance policy.