Umbrella insurance provides an additional liability coverage to supplement a basic home, renters, or auto insurance policy.

An umbrella policy provides broader coverage, while personal excess liability insurance adds coverage to the underlying policy. In the scenario above, an umbrella policy or personal excess liability ...

Wondering who needs umbrella insurance? It can make sense for parents, homeowners, landlords, high earners and others with something to lose. See expert-backed scenarios to help you decide.

Parents can pay nearly $8,000 a year to insure a 16-year-old, with rates dropping each year as teens get older. Experts ...