The Richards Group is one of Vermont's and New England's top retirement and fiduciary advisors

Umbrella insurance for life's mishaps.

You use an umbrella to shield yourself from the rain and protect your family from the sun. Why wouldn’t you buy Umbrella Insurance to shield you from the risk of financial loss? You’ve worked hard for what you have and deserve to protect your investments, no matter how small you feel they are.

The personal umbrella policy not only covers you, but family members living in your household. With an umbrella insurance policy you get the security of excess liability insurance. Umbrella Insurance can be an essential part of your personal insurance package.

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Not Only For The Wealthy

If you have a teen driver in the household, you may want to consider the additional liability an umbrella insurance policy can provide. It extends coverage beyond what is provided for your homeowners, auto and other personal insurance policies. It can also become the primary insurance for losses that are not covered by your other policies and pays for legal defense fees. The coverage limit for umbrella insurance is typically $1 million, and higher limits are available.

Did you know it doesn’t cost you more money to work with an independent insurance agency?

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Some common situations an umbrella insurance policy can protect you from.

  • Your teenager runs a stop sign, causing excessive damage and bodily injury that exceeds your auto policy limits.

  • A fire in your condo spreads to the other units.

  • The neighbor’s child is bitten by your dog.

  • A house guest or visitor falls on your property and sues you because they are now disabled.

Umbrella insurance will also cover swimming pool accidents, and property damage or bodily injury caused by a member of your household. It can even help pay for slander, libel and defamation expenses and settlements in which you become legally responsible for in a lawsuit.


We invite you to consult with one of our personal insurance specialist and learn how affordable additional liability coverage can be with an umbrella insurance policy.