In addition to a homeowners insurance policy, an umbrella policy provides vital coverage for people who own a home, an auto mobile, and/or a boat. If you cause an accident, do you have enough coverage from your current policies to protect you? With limited coverage availability on your homeowners, car, and watercraft insurance, these policies can be easily exhausted if you are slapped with a lawsuit. Umbrella policies are designed to give added liability to the limits of home, auto, and boat insurance coverages. An umbrella policy will kick-in when these resources have been depleted and are not able to completely cover the costs of your accident.