Do I Need an Umbrella Policy?

5 real-life scenarios to help you decide who needs umbrella insurance

You’re in an accident. You have car insurance. Is that enough? We’ve combed through our claims files to find real-life scenarios to help explain how umbrella insurance works and who needs it. Based on true stories, these examples showcase when and how umbrella insurance works to help you answer the question, “Do I need an umbrella policy?”.

Real-life Scenario #1: You Seriously Injure a Pedestrian

How umbrella insurance works if you injure a pedestrian

Real-life Scenario #2: You are Hit by an Uninsured Driver

How umbrella insurance works if you are hit by an uninsured driver

Real-life Scenario #3: A Moped Driver is Seriously Injured

How umbrella insurance works if a moped driver is injured

Real-life Scenario #4: Injury Costs Exceed Auto Insurance Limits

How umbrella insurance works if injury costs exceed auto insurance limits

Real-life Scenario #5: A Woman Dies in a Multi-vehicle Accident

How umbrella insurance works if a woman dies in a multi-vehicle accident

If these real-life scenarios are helping you answer the question, “Do I need an umbrella policy?” talk with your insurance company. Most insurance companies offer a discount for having multiple policies, so adding an umbrella policy may mean savings, especially if you combine it with an auto insurance policy and home insurance or renters insurance policy. If you already have — or you purchase — an auto policy with Ameriprise Auto & Home insurance, ask for a quote on an umbrella policy, too.