Glossary term
Umbrella policy
Umbrella policy: Extra liability coverage of $1 million or more above auto and home limits. Commonly added when a teen is licensed.
Where this term matters
Guides and entries on this site that use the term.
Guide
What Coverage a Teen Driver Needs
Liability limits, uninsured motorist, collision and comprehensive, deductibles and umbrella coverage for a family with a teen driver.
Entry
Umbrella Insurance for Teen Drivers: Why Higher Liability Limits Matter
Discover why adding a teen driver creates serious liability risks, how umbrella insurance works, and how to protect family assets from severe crash claims.