Umbrella Insurance in Illinois
Your auto and home policies carry liability limits — but a serious accident, lawsuit, or judgment can exceed those limits quickly. A personal umbrella policy provides an additional $1 million or more in liability coverage above your existing policies, protecting your assets, income, and future earnings at a surprisingly affordable cost.
What an Umbrella Policy Covers
An umbrella policy kicks in after your underlying auto, home, boat, or other liability coverage is exhausted. It covers bodily injury, property damage, and personal liability claims — including defense costs. It can also cover certain claims not included in your standard policies, such as libel, slander, and false arrest.
Who Needs an Umbrella Policy?
Anyone with assets worth protecting should consider an umbrella policy. This includes homeowners, people with investment accounts or retirement savings, landlords, parents of teen drivers, and anyone who regularly hosts guests or drives frequently. If you have a pool, trampoline, or dog, your exposure is even higher.
Affordable Coverage — Starting Around $200/Year
A $1 million umbrella policy typically costs $150–$300 per year — less than a dollar a day. Additional millions are even less expensive. Given the protection it provides against major lawsuits and judgments, umbrella insurance is consistently rated one of the best values in insurance.
What's Typically Covered
- ✓Bodily injury liability (above auto & home limits)
- ✓Property damage liability (above auto & home limits)
- ✓Personal injury (libel, slander, defamation)
- ✓False arrest or wrongful eviction
- ✓Landlord liability
- ✓Watercraft and recreational vehicle liability
- ✓Defense costs and legal fees
- ✓Worldwide coverage
- ✓$1M–$5M+ in coverage options
- ✓Coverage for household members
Frequently Asked Questions
Do I need an umbrella policy if I already have high liability limits?
High underlying limits are good, but umbrella coverage is still valuable because it provides a much larger safety net at very low cost, and it covers some claims your standard policies don't.
What policies do I need to have an umbrella?
Umbrella carriers typically require you to carry minimum liability limits on your underlying auto and home policies — usually $250,000/$500,000 for auto and $300,000 for home. We can review your existing coverage and make sure everything lines up.
Does an umbrella policy cover business activities?
Personal umbrella policies generally do not cover business or professional liability. If you run a business, ask us about a commercial umbrella or excess liability policy.
Connect with Hollinger Insurance Services
An umbrella policy is one of the smartest purchases you can make. Call or email us and we'll show you how much coverage you can get for less than you'd expect.