It's the less expensive way to get extra liability coverage. Umbrella insurance is designed to insure that you never find yourself in a situation where you lose a lawsuit for a sum that is greater than what your existing insurance will pay out. Below, we'll explain how this all works: how an umbrella policy works, who needs it, how much it costs and what it won't cover. Umbrella insurance is a type of personal liability insurance that will be indispensable when you find yourself liable for a claim that is larger than your homeowner's or auto insurance will cover. Even if you own a boat, this umbrella insurance picks up where that watercraft's liability insurance stops. If you engage activities that put you at a greater risk of incurring any excess liability, then you're a perfect candidate for an umbrella policy. Some risk factors for personal liability  include owning property, renting out property, owning a trampoline or hot tub, employing someone you live with, if you host large parties, and if you happen to be a well-known public figure. If you own a swimming pool or have a teenage driver you may need an umbrella insurance to cover all of these kinds of risk factors. Having a good umbrella plan can help you sleep easy at night knowing that anything that could happen will be most likely covered by your insurance. The cost of an umbrella liability policy will vary based on how much coverage you plan to purchase, the state in which you live (insurance rates will vary by state) and the risks that insuring you presents to that insurance company. The more property or vehicles you own, and the more household members you want your policy to cover, the more the umbrella policy will cost. Everyone has different insurance needs. Call us today at (925)459-9117 for a personalized business or individual assessment and find out how we can help protect your assets. For more information about us visit www.herrerainsuranceagency.com our website.