Umbrella Insurance 101: Protect Your Future

A single accident can quickly exhaust standard home or auto liability limits, leaving your savings, home equity, and future earnings exposed. Umbrella insurance adds an extra layer of protection when a major claim exceeds your base policy.

How It Works

Umbrella coverage sits on top of home and auto policies. If you are liable for a $900,000 auto accident but your policy caps at $250,000, umbrella coverage kicks in for the remaining $650,000—plus legal defense fees.

Who Benefits Most?

Parents of Teen Drivers: Shields against severe accident claims.

Property & Rental Owners: Covers injuries on your property.

Asset Owners & High Earners: Shields savings, investments, and future wages.

How Much Do You Need?

Calculate Assets: Add up home equity, savings, and investments.

Factor Risk: Account for teen drivers, pools, or rental units.

Choose Limit: Most families select $1M to $5M.

Cost Note: Coverage is surprisingly affordable—often just a few hundred dollars per year for $1M in protection.

Ready to Protect Your Savings?

Unsure how much coverage you need? The team at MIIA Insurance can review your current policies and recommend the right fit. Contact MIIA Insurance today for a quick proposal!