Liability issues are everywhere, and you never know what could happen.
Umbrella insurance policies protect you from liability issues that go beyond the limits of standard insurance policies. This policy puts you under its "umbrella," so that should you exceed the liability coverage limits of an insurance line, you will still be protected.
Umbrella policies will extend limits to not only provide additional coverage for bodily injury and property damage, but also to cover things that are not listed under regular liability allowances. Every policy is different, so what may be considered a covered liability issue under one insurance line may not be covered on another.
You may not think you need an umbrella policy, but consider this: What happens to you and your family's assets should you be sued for something that occurred at your home and the legal costs greatly exceed the liability coverage defined by your homeowner's policy? Who will pick up the tab if you are responsible for a multi-car accident, and your liability costs exceed the limits on your car insurance by thousands of dollars? Although these situations might be few and far between, you cannot be too careful.