Umbrella Insurance for Extra Liability Protection
A Simple Way to Add High Limits
Umbrella insurance in Lafayette, IN—and across Indiana and neighboring states—adds an extra layer of liability protection above your home, auto, and other policies. The Mitchell Agency helps households select practical $1–5 million limits (and higher when appropriate), aligning coverage with assets, future income, and real-world risks for affordable peace of mind wherever life takes you.
What Is an Umbrella Policy?
If a serious auto accident or injury at your property exhausts your underlying limits, an umbrella can step in up to the high limit you select. One policy can sit over multiple lines-home, auto, recreational vehicles, and more.
Why Consider an Umbrella
Relatively low annual premiums buy a lot of protection for current assets and future earnings. It's especially helpful if you have a
teen driver, host gatherings, own
rental property, or keep recreational vehicles.
Requirements & Coordination
Most carriers require certain minimum underlying liability limits (for example, higher auto and home liability) before umbrella coverage applies. We'll review your current policies, raise underlying limits if needed, and coordinate everything with one service team.
How Much Coverage Should I Choose?
Common starting points are $1 million, with options for $2, $5, or more depending on your net worth,
household drivers, and activities. We'll outline scenarios so you can
select a level that fits your risk comfort and budget.
Answers to Common Umbrella Questions
If I already have good home and auto limits, do I still need umbrella?
Large claims can exceed primary limits. Umbrella provides additional protection so a single incident is less likely to impact your savings or wages.
Does a personal umbrella cover my business?
A personal umbrella is for personal liability. Ask us about a commercial umbrella if you need higher limits for your business exposures.
Is umbrella coverage expensive?
Not for the amount of protection-many policies cost only a few hundred dollars per year for $1 million in limits. We'll quote options with your current carriers for simplicity.
What underlying limits do carriers usually require?
Requirements vary, but higher auto and home liability limits are typical. We'll confirm specifics when we quote.
