umbrella liability insurance

Definition

A type of liability insurance available to individuals and companies protecting them against claims above and beyond the amount covered by their primary policies or for claims not currently covered.

Use this term in a sentence

You may find it is best to take out some umbrella liability insurance to limit your over all exposure on things.

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The umbrella liability insurance was meant to protect us and it did a great job at doing that and we all felt cool.

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The umbrella liability insurance policy was included as we wanted to be sure that we were not leaving ourselves exposed.

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