Additional Notes on Umbrella Liability CoverageAdditional Notes on Umbrella Liability CoverageBy definition, an umbrella policy is broad-based in its coverage. But no policy will cover everything. Depending on your circumstances, the following features may be important to you: Some policies will indemnify your claim (i.e., reimburse your expenses after the fact). Others provide for immediate payment up to your policy's limit. Some policies provide for defense against liability for "mental anguish"; others cover only actual damages. Certain policies will cover you worldwide, while some are limited to North America only.
By definition, an umbrella policy is broad-based in its coverage. But no policy will cover everything. Depending on your circumstances, the following features may be important to you:
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