Melissa Sherrard, Car Insurance Writer
@melissa_sherrard
A State Farm umbrella policy covers claims beyond the limits of an existing auto or home insurance policy, adding $1 million and up in additional liability coverage. State Farm umbrella insurance may also cover claims that aren't covered by a standard liability policy, like slander, libel, and psychological harm.
What State Farm Umbrella Policies Cover
- Certain lawsuits, like slander, libel and defamation
- Injuries to other people if you're at fault
- Damage to other people's property if you're at fault
State Farm's umbrella policies are a good choice for customers with a high net worth who want extra coverage for property damage, injuries, and possible lawsuits that could result from various types of incidents. To be eligible, you will also need an auto policy from State Farm.
You can get a quote for State Farm umbrella insurance by calling (844) 242-1899.
To learn more, check out reviews and key information about State Farm on WalletHub, as well as our guide to umbrella insurance.
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What does umbrella insurance cover?
Umbrella insurance covers injuries, property damage, certain lawsuits, and personal liability situations that exceed your home and auto liability coverage. An umbrella policy extends your liability insurance limits and offers protection for situations not covered by a standard liability policy, such as libel or slander.
On the other hand, umbrella insurance does not cover claims that are excluded outright from liability insurance, such as intentional damage or damage to your own property.
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Note that they have a new policy that will not allow you to buy a pup if anyone on the policy has an accident within 5 years.