Umbrella Insurance and Homeowner Liability
Published: January 27, 2010
Umbrella insurance offers added homeowner liability protection that kicks in after homeowners insurance reaches its coverage limits.
Understand homeowner liability
Liability insurance covers you in the event you get hit with a lawsuit. Some of the liability risks faced by homeowners are more apparent than others. For example, a house guest takes a tumble after slipping on your hardwood floors, or a neighbor's kid falls off a swing in your backyard. Insurance agents call swimming pools, jungle gyms, and trampolines "attractive nuisances" because they draw children unable to appreciate their dangers.
If someone gets hurt on your property--whether