Umbrella Policy

Umbrella Policy

​Total Insurance Coverage 

If insurance is for a rainy day, Umbrella Insurance is for a storm!

Your existing personal insurance — including home and auto policies — provides basic liability protection. However, what if you are faced with a lawsuit for a larger amount of money than your existing coverage provides?

Fortunately, Personal Umbrella Liability Insurance offers a highly economical way to get the extra protection you may need. 

Umbrella Policy

The plan offers protection against large lawsuits from third parties by providing extra coverage above your existing home, auto, boat, vacation property, and other motorized vehicles policies when they carry $1-million or more of liability coverage.

Underwritten by various insurers in Canada, the plan’s attractively priced premiums allow you to choose from $2- to $5-million of additional liability coverage. The plan includes additional features covering certain liability claims that may not be covered by your primary policy, such as:

  • Libel and Slander
  • False Arrest
  • Defamation of Character
  • Coverage for volunteer activity
  • Invasion of Privacy
  • An accident with an uninsured motorist
  • Coverage is extended to other properties
  • Coverage extends worldwide

These policies are not expensive at all with premiums from $100-400.00 per year.


Here are a few risky situations, where purchasing an Umbrella Policy is an absolute must:

  1. You own a rental property (or multiple rentals)
  2. You own and/or lease commercial property
  3. You own a boat or any other kind of 'toy' like A.T.V. etc..
  4. You have a 'youthful' driver in your household
  5. You own a secondary residence
  6. You have a pool

These are just a few examples. At the end of the day, Umbrella Policies are so inexpensive, even people without these types of exposures should strongly consider purchasing one.

It only takes one tragic accident to be sued for everything you own, and there’s no better way to protect yourself from this type of situation, than with Umbrella Insurance.

Remember, you don’t have to be a millionaire to get taken to court and sued like one.

Umbrella Insurance is an absolutely crucial part of any solid insurance package, whether you are an individual or business owner.