If you’re a business owner or homeowner in Santa Ana, you’ve worked hard for what you have. But in today’s litigious world, a single lawsuit from a car accident or an incident on your property could put your personal assets, savings, and future earnings at risk. Your standard auto and home insurance are essential, but their liability limits might not be enough to protect you from a major claim.
A personal umbrella insurance policy is an extra layer of liability protection that kicks in when the limits of your underlying policies have been exhausted. It’s designed to protect your finances from catastrophic lawsuits.
What is Personal Umbrella Insurance?
Think of umbrella insurance as a safety net for your finances. It is a standalone liability policy that provides additional coverage—often in increments of $1 million to $5 million—above and beyond the limits of your existing auto and homeowners insurance policies .
For example, if you are at fault in a serious multi-vehicle accident on the 5 Freeway, the resulting injuries and property damage could lead to a lawsuit for $850,000. If your auto insurance liability limit is only $300,000, you would be personally responsible for the remaining $550,000. An umbrella policy would cover that gap, protecting your personal assets like your home, savings, and investments
Why Santa Ana Residents Need This Extra Layer
Umbrella insurance isn’t just for the ultra-wealthy. It’s for anyone with assets to protect, which includes most homeowners and business owners.
- Protects Your Assets: A lawsuit can target your personal savings, retirement accounts, and even your future wages. Umbrella insurance safeguards what you’ve worked hard to build .
- Surprisingly Affordable: One of the most appealing aspects is its low cost. For about $150 to $300 per year, you can often secure $1 million in coverage . This is a small price to pay for significant peace of mind.
- Covers a Wide Range of Risks: Beyond car accidents, it can cover scenarios like:
- Broader Coverage: It can also provide protection for claims that may be excluded from standard policies, such as defamation, libel, or slander .
Who Is a Good Candidate for an Umbrella Policy?
You should strongly consider an umbrella policy if you are a homeowner with significant assets, have a swimming pool, trampoline, or a dog, serve on a nonprofit board, are a landlord, or frequently host social gatherings at your home. Essentially, if you have assets to protect or face increased liability risks in your daily life, an umbrella policy provides crucial financial security.
Your Safety Net in Santa Ana
Life is unpredictable, but your financial security doesn’t have to be. A personal umbrella policy is a simple, cost-effective way to ensure that a single unexpected event doesn’t jeopardize everything you’ve built for yourself and your family.
At Neighborhood Insurance Agency, we’ve been helping our Santa Ana neighbors sleep better at night with honest, straightforward insurance advice since 1989. We’ll help you determine the right amount of coverage and shop the market to find you the best protection.
📞 Call us at (714) 285-9990 or visit www.niacoverage.com for a free policy review before your next trip!
Santa Ana, CA 92705
Reference
Choyce Law Firm. (2025, July 15). Umbrella Insurance Explained & Why It’s Worth Having. Retrieved from https://choycelawfirm.com/insurance-umbrella-policy/
Forbes Advisor. (2025). How An Umbrella Insurance Policy Works And What It Covers. Retrieved from https://www.forbes.com/advisor/car-insurance/umbrella-insurance/
Liberty Mutual. (2024). Commercial Umbrella Insurance for Small Business. Retrieved from https://www.libertymutual.com/small-business/umbrella-insurance