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What is an umbrella insurance policy?

Quick Answer

An umbrella policy adds liability coverage above the limits of your auto and homeowners insurance. $1 million in additional coverage typically costs $200-$400/year. Recommended for anyone with assets exceeding their underlying policy limits.

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Warren Team
Updated January 6, 2026
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The information provided is for educational purposes only and should not be considered as personalized financial advice. Warren is a registered investment advisor. Past performance does not guarantee future results. Please consult with a qualified financial advisor before making investment decisions.

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