Excess Liability Coverage, commonly known as Umbrella Coverage, is liability protection in excess of your home and auto policies. That is, if the limits in your home or auto policy are exhausted by a loss, you would have additional coverage for that loss. Umbrella policies can also act as primary coverage for certain losses that may be excluded from home or auto policies. The umbrella symbolism represents the broad scope of coverage afforded to you by having an Excess Liability Policy. Who needs an umbrella policy? Anyone concerned about the devastating financial impact of a lawsuit. What makes them attractive to consumers? It is, by far, the most cost effective way to cover your financial well-being. They are very inexpensive for the amount of coverage they provide.