When It Rains, It Pours—Why You Need Umbrella Insurance

Candice Freese
Jul 15
2 min read

Hey everyone, it’s Candice Freese – one of the agents at Citizens Alliance Agency (CAA).

An umbrella insurance policy is a powerful financial safety net that provides extra liability coverage beyond the limits of your standard home, auto, or renters insurance. Here's why you might want to consider having one:

Top Reasons to Have an Umbrella Insurance Policy

1. Protects Your Assets and Future Earnings

If you're sued for damages that exceed your regular insurance coverage, umbrella insurance kicks in.
It can cover legal fees, medical bills, and damages awarded in a lawsuit.

2. Covers a Wide Range of Liability Scenarios

Includes coverage for things your base policies might not, such as:
- Libel, slander, and defamation
- False arrest or detention
- Rental property liability

3. Affordable for the Coverage It Provides

4. Essential for High-Risk Situations

You have teenage drivers in your household
You own a swimming pool, trampoline, or dog
You host frequent guests or events at your home
You’re active on social media (risk of defamation lawsuits)

5. Peace of Mind

It’s about protecting your financial future from unexpected, catastrophic events.
Even if you’re not wealthy, your future income could be at risk in a lawsuit.

What It Doesn’t Cover

Your own injuries or property damage
Business-related liabilities (unless you have a business umbrella policy)
Intentional or criminal acts

In Conclusion is Umbrella Insurance Worth It?

Absolutely—if you have assets to protect or simply want peace of mind, an umbrella insurance policy is a smart, cost-effective way to shield yourself from life’s unexpected legal and financial storms. For a relatively low premium, it offers high-value protection that can safeguard your savings, home, and future income from devastating liability claims.

Think of it as financial armor: you hope you never need it, but if you do, you’ll be incredibly glad it’s there.

Would you like help comparing umbrella policies or figuring out how much coverage might be right for you? Contact me Candice Freese, at 320-847-2307 or email me at cfreese@citizensallianceagency.com.