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Calculator · Insurance

Umbrella Insurance Needs Calculator

How much excess liability coverage your assets and exposure actually justify.

Read the how-to
The formula

How this number is built

coverage = net worth + five years of income + risk additions, rounded up to the next million
Step by step

Doing it by hand

Step 1

Total everything a judgment could reach, including investments and home equity.

Step 2

Add several years of income, since future earnings can be garnished in many states.

Step 3

Add for each specific exposure: young drivers, a pool, a dog, rental property.

Step 4

Check the minimum underlying limits your insurer requires before issuing the umbrella.

Questions

What people ask next

Does an umbrella cover my business?

Generally no. Personal umbrella policies exclude business activities, which need commercial cover.

Why is it so cheap?

Because it only pays after the underlying policy is exhausted, which happens rarely. The price reflects that low frequency.

Search intent

Searches this page answers

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Estimates, not advice. Every figure here is produced from the inputs you enter and the formula printed on the page. Rules differ by state, carrier, lender and contract, so use these numbers to prepare for a conversation with a qualified professional rather than to replace one. See our full disclaimer.