Umbrella Liability Calculator
How much umbrella insurance do you need? Calculate based on your total assets and annual income. Umbrella coverage kicks in when your auto/home liability limits max out.
Frequently asked questions
Why do I need umbrella insurance?
Umbrella insurance acts as an extra layer of liability protection on top of your auto and homeowners insurance. If you cause a serious car accident or someone gets severely injured on your property and the damages exceed your standard liability limits, umbrella steps in to pay the difference. Without it, a lawsuit could wipe out your savings and future wages.
How much does umbrella insurance cost?
About $150-350 per year for $1 million in coverage, and each additional million is typically $50-100 more. The cost is tiny compared to the potential damage from a liability lawsuit.
Can anyone buy umbrella insurance?
You need at least auto insurance and usually homeowners or renters insurance as a base. Most carriers require you to have specific minimum liability limits on your base policies before they'll sell you an umbrella. If you drive or own property, ask your auto/home carrier about adding umbrella — it's almost always cheaper through your existing carrier.
About the Umbrella Liability
How much umbrella insurance do you need? Calculate based on your total assets and annual income. Umbrella coverage kicks in when your auto/home liability… The tool runs entirely in your browser, so nothing you enter is uploaded or stored.
How to use the Umbrella Liability
- Home equity (market value − mortgage) — enter your home equity.
- Investments (401k, brokerage, etc.) — enter your investments.
- Cash and savings — enter your cash and savings.
- Other assets (vehicles, art, etc.) — enter your other assets.
- Annual household income — enter your annual household income.
- Current auto liability limit — enter your current auto liability limit.
Last updated — insurance rates and factors change over time, so always confirm with the current source.
Estimates for general information only, not insurance advice — see our disclaimer.