Why consider Umbrella Insurance?

Your 4:00 meeting went late.  It’s raining.  And you were supposed to pick up your son 15 minutes ago.   

On your way out of your office you had to turn around twice to get something you forgot. 

You hurry to your car in the rain; take a deep breath, buckle up, and are headed out.  

You call out “OK Google” to text your wife that you are on the way. 

  1. Then at the oncoming yellow light you slam on your brakes to stop in time.  The car behind you does not. 
  2. Then at the oncoming yellow light you turn left to beat the light.  The oncoming truck does not see you. 
  3. Then at the oncoming yellow light you make a quick right turn, but you do not see the individual scrambling across the street. 

Sometimes you cannot pick what happens to you or to an employee in your company vehicle.  And it can impact your wealth and/or health for the rest of your life. 

No one thinks it will happen to them.   

Murphy’s Law does not have to take place on a rainy day or when we are running late.  The truth is that we live in an imperfect world and despite our best efforts, planning, and safety precautions there will be trouble.

If you have the same limits of insurance you had 10 years ago consider inflation, consider increased medical & legal costs, and consider your assets & future income are at stake. 

Protect the financial security you work so hard to afford your loved ones and consider an umbrella policy and its different components that are available with a trusted adviser. 

Jeremy Hyde | Colligan & Company

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About the Author: Jeremy Hyde

Christian, MK/PK, Brother, Husband of a magnificent wife, Father of three sons and two daughters, Insurance dork, Sports and Racing fan, Competitor, Coach, Early riser, Grill-man, Yearner of sand dunes and Lake Michigan, Owner of a Yorkie named Gerald, Wannabe basketball player, Reluctant handyman, Car enthusiast, Admirer of passion and excellence and design...

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154 Comments

  1. Van Timmer December 24, 2019 at 10:01 pm - Reply

    Thanks for the effort, keep up the good work. Great work, hope you will write some more posts.

  2. Ralph Mons February 7, 2020 at 2:06 am - Reply

    Thank,I’ve wondered about umbrella insurance in the past

  3. Finley February 26, 2020 at 9:19 pm - Reply

    Great website and blog. I better understand umbrella insurance now!

  4. Cayden March 29, 2020 at 1:52 am - Reply

    My opinion is that if you are young with a lot of earning power or older with assets you need to buy umbrella insurance

  5. Victor Drono April 1, 2020 at 7:56 am - Reply

    This is a prudent decision to make, buy the umbrella insurance!

  6. Brian April 3, 2020 at 1:11 pm - Reply

    Our country would be in better shape if we all had an umbrella policy.

  7. Max Miller April 10, 2020 at 2:29 pm - Reply

    Hopefully you never have to use umbrella insurance but if something terrible happens you’ll be glad you had it. Small premium, small chance you need to use it

  8. Patel Fetty April 13, 2020 at 4:42 am - Reply

    Thank you for your insurance website.

  9. Louis April 16, 2020 at 4:50 pm - Reply

    I recommend buying an umbrella policy.

  10. Ben Day April 16, 2020 at 10:56 pm - Reply

    I had a friend involved in a terrible accident, fortunately the other car had an umbrella policy and will help him the rest of his life. I’m sure his attorney got a cut of the settlement too.

  11. Sam Banker April 19, 2020 at 12:40 am - Reply

    Anyone that has assets and future income should protect it with umbrella insurance. Colligan is a good Fort Wayne insurance agency!

  12. Seth Ringer April 19, 2020 at 6:31 pm - Reply

    I bought an umbrella at Colligan for $178, seems like a good deal if something terrible happens

  13. Gary Standpoint April 21, 2020 at 9:32 pm - Reply

    If you have assets you and future income you should buy umbrella insurance

  14. Ed April 22, 2020 at 4:14 pm - Reply

    Never had to use my umbrella, hopefully never have to

  15. Blake April 24, 2020 at 2:20 pm - Reply

    I think I should have umbrella insurance

  16. Brittany Essaign May 6, 2020 at 8:38 am - Reply

    I like your insurance blog, good job

  17. Alice May 11, 2020 at 8:46 am - Reply

    If you are an executive with earning power, you really should buy an umbrella policy to protect yourself and your family

  18. Sherri Gilner May 12, 2020 at 3:24 pm - Reply

    You info on umbrella insurance was good to convince my son to buy it, now I need him to go to Colligan!

  19. Bridget Oscobar May 12, 2020 at 4:28 pm - Reply

    I’m glad my dad sent me to Colligan. Especially if you have a business you need an umbrella policy.

  20. Allen Dunkley May 13, 2020 at 8:23 pm - Reply

    Hey very nice blog! I have a dozen rentals and know I should get an umbrella policy.

  21. Julie Saratoa May 15, 2020 at 9:28 pm - Reply

    Hi! I’ve been reading your insurance glob for a while. Just wanted to tell you keep up the fantastic work!

  22. Charles Henry May 18, 2020 at 9:23 am - Reply

    This insurance is for those really bad accidents that could happen. If you have any assets or income, buy umbrella above and beyond your home and auto insurance. Business owners should have this too!

  23. Dave Mangonia May 19, 2020 at 1:52 am - Reply

    Businesses should buy this insurance, just think of an employee goofing off while he is driving your company vehicle. A lot could happen and your business stability is at stake.

  24. Charles Soro May 19, 2020 at 2:50 am - Reply

    I had an uncle get hurt in a car accident very severely, it’s important. Anything can happen out there even if it’s an honest mistake. Buy the umbrella.

  25. Stanley F May 19, 2020 at 4:36 am - Reply

    Excellent blog here! Also your website loads up fast! It’s cool you are into insurance, everyone needs sometime.

  26. Chris May 23, 2020 at 3:15 am - Reply

    If you have over $250,000 in assets buy an umbrella policy. Period.

  27. Benny S May 30, 2020 at 5:25 pm - Reply

    A lot of successful people do not purchase umbrella insurance, but they should!!!!

  28. Sandy Hanstine June 3, 2020 at 2:41 am - Reply

    Thank you for the info on umbrella insurance

  29. Luke B June 4, 2020 at 3:56 am - Reply

    Simply want to say your article is as astounding. The clarity in your post is just nice and i could assume you’re an expert on this subject. There are a lot of people that aren’t buying an umbrella and wish they did.

  30. Jack Cook June 11, 2020 at 8:57 pm - Reply

    Nice short article on umbrella insurance

  31. Charles Soro June 16, 2020 at 3:34 pm - Reply

    Thanks for taking the time to write the blog. This insurance is not required but I think more people should really consider it.

  32. Billy S June 20, 2020 at 3:31 am - Reply

    I hope I never need to use my umbrella insurance, but I feel better having it.

  33. Jerry Georm June 25, 2020 at 10:52 pm - Reply

    If you have a house and a couple of cars you probably should have an umbrella policy

  34. Scott Iona June 26, 2020 at 7:27 am - Reply

    Your umbrella insurance is really important especially if you have assets to your name

  35. Chris Croto June 28, 2020 at 2:03 pm - Reply

    I’m glad you spoke with me about umbrella and gave me the link to think about this insurance. It’s important.

  36. Ernie F July 4, 2020 at 3:35 am - Reply

    Good little article. I know it’s a very slim chance of me needing this but there is more peace in having it.

  37. Garcia S July 5, 2020 at 8:30 am - Reply

    Umbrella insurance is important for that big unknown situation

  38. Andy Rippke July 7, 2020 at 11:09 pm - Reply

    More people need this than they know!

  39. Vern July 17, 2020 at 12:35 am - Reply

    Definitely believe that which you say

  40. Koby Sterrett July 17, 2020 at 9:53 am - Reply

    I think this would apply to any business as well.

  41. Justin Gitte July 20, 2020 at 2:32 pm - Reply

    In a really bad situation, you’ll be glad for this. I’m a highway worker and have seen a lot of crazy people driving.

  42. Anthony July 26, 2020 at 9:26 am - Reply

    Thanks for writing this article, I understand a little better now.

  43. Ranty Bot July 27, 2020 at 2:22 am - Reply

    Good to get. Consider the un/under-insured coverage as well.

  44. Alex Bek July 29, 2020 at 4:11 am - Reply

    There are a lot of crazy lawsuits out there…good idea to get an umbrella

  45. Michael Breda July 30, 2020 at 12:28 pm - Reply

    You only need an umbrella when something terrible happens

  46. Chelsea Hildebrand August 8, 2020 at 1:00 pm - Reply

    Hi everyone, you need to listen to the advise of the agents at Colligan!

  47. Emily Solver August 8, 2020 at 7:24 pm - Reply

    Insurance articles are good for helping

  48. Rob Singer August 9, 2020 at 7:47 am - Reply

    Lawyer will sue for most anything to get a quick dollar

  49. Landon Raton August 11, 2020 at 4:41 pm - Reply

    I got to imagine this is rare but needed.

  50. Justin Gitte August 17, 2020 at 9:30 am - Reply

    People should buy an umbrella policy. Really if you have assets get it.

  51. Annmarie August 17, 2020 at 8:07 pm - Reply

    Thanks guys at Colligan!

  52. Michael Breda August 18, 2020 at 11:04 am - Reply

    You buy insurance for the what if. Not the costs.

  53. Frank P August 18, 2020 at 5:47 pm - Reply

    You guys rock. Good rec

  54. George Futon August 20, 2020 at 8:34 am - Reply

    Every one should consider this one

  55. Tim Ura September 3, 2020 at 1:42 pm - Reply

    The cost for this is fairly inexpensive and worth it.

  56. Justin Gitte September 9, 2020 at 2:14 pm - Reply

    It’s extra but it’s extra help in a time of need.

  57. Tim Urascbd September 11, 2020 at 5:20 pm - Reply

    As crazy as my son drives, it’s a good idea

  58. Frances September 15, 2020 at 4:43 am - Reply

    I have been browsing online more than three hours today, yet I never found any interesting article like yours. It’s pretty worthless enough for me. Personally, if all web owners and bloggers made good content as you did, the internet will be a lot more useful than ever before.

  59. Tim Urasgck September 16, 2020 at 7:13 pm - Reply

    Great advice, yes but I don’t like spending the money but I know I need it.

  60. Zohn Nug October 7, 2020 at 6:23 am - Reply

    I’m happy to have found an agency in Fort Wayne that can help me personally.

  61. Maxi M October 7, 2020 at 12:18 pm - Reply

    Terrible things happen and you can be responsible!

  62. Z Smith October 9, 2020 at 10:42 am - Reply

    I wonder how many people buy umbrella insurance? What if I don’t have a $1M?

  63. Max M October 14, 2020 at 6:16 am - Reply

    Good info on umbrella insurance. thank you

  64. Harry K October 20, 2020 at 7:25 am - Reply

    Thank you for the good info for an umbrella policy. Harry

  65. Max M October 20, 2020 at 2:21 pm - Reply

    I don’t want to spend the extra money so I guess I’m taking my chances

  66. Zane October 22, 2020 at 7:30 pm - Reply

    Its a very good idea

  67. Missy October 22, 2020 at 8:01 pm - Reply

    You should not wonder about doing this. Just do it.

  68. Fillie October 24, 2020 at 12:46 am - Reply

    You are an agency I want to work with.

  69. Mary S October 25, 2020 at 12:38 am - Reply

    I need this coverage

  70. Lindsey October 26, 2020 at 8:10 pm - Reply

    Gotta, I understand this insurance option.

  71. Mike October 27, 2020 at 2:02 am - Reply

    Umbrella insurance is extra coverage

  72. Raphael October 29, 2020 at 7:17 am - Reply

    These situations can get complicated, good post.

  73. Max B October 29, 2020 at 12:10 pm - Reply

    I don’t want to spend the extra money but I understand

  74. Holly Dow October 30, 2020 at 11:16 pm - Reply

    Folks, you need to look at this insurance stuff once in a while

  75. Misty October 31, 2020 at 12:32 pm - Reply

    Thank you for the info on umbrella insurance

  76. Raphael November 1, 2020 at 1:20 pm - Reply

    Unfortunately, people need this.

  77. Sherry November 1, 2020 at 4:41 pm - Reply

    My friend was injuried horribly by someone in a car accident. Hope they had an umbrella policy.

  78. Suka Maria November 2, 2020 at 7:12 am - Reply

    Umbrella insurance should really be considered

  79. Max November 3, 2020 at 5:59 pm - Reply

    Only for the big claims or if you get sued…

  80. Randy November 5, 2020 at 3:11 am - Reply

    This makes complete sense and anyone with a house should probably have one.

  81. Missy W November 5, 2020 at 7:34 am - Reply

    I added an umbrella when I bought my new house

  82. Rank November 9, 2020 at 12:50 pm - Reply

    The cost isn’t too bad but I understand why people don’t want to “throw money down the drain”

  83. Jeremy November 11, 2020 at 10:53 pm - Reply

    I buy it because my financial advisor told me it’s a good idea

  84. Oscar November 11, 2020 at 10:54 pm - Reply

    If you have assets or make good money you should buy an umbrella.

  85. Raphael November 13, 2020 at 6:54 am - Reply

    Coverage for this is better than you think, it’s just most people don’t like spending the extra money

  86. Justin K November 17, 2020 at 5:00 am - Reply

    Terrible accidents happen especially in your car… watch out

  87. Val November 30, 2020 at 5:38 am - Reply

    If you have a decent net worth, then it’s worth buying the umbrella

  88. Kevin E December 1, 2020 at 4:43 pm - Reply

    Sign me up for one of these, I know I’ve been ignoring this.

  89. Indie December 1, 2020 at 4:48 pm - Reply

    I can tell this is needed if you have home and auto insurance.

  90. Laverne Smith December 2, 2020 at 7:04 pm - Reply

    If you have a business or other assets get this done.

  91. Valeria M December 3, 2020 at 8:04 pm - Reply

    umbrella policies can get expensive if you have teen drivers, but i guess that means you need it more

  92. Sarah December 8, 2020 at 5:33 am - Reply

    Umbrella policies are pretty inexpensive

  93. Vic December 8, 2020 at 8:42 am - Reply

    Don’t want to pay for it, but I understand…

  94. Krystal December 11, 2020 at 2:40 am - Reply

    got to consider it…

  95. Kary December 13, 2020 at 12:04 am - Reply

    Thanks for the info on umbrella insurance

  96. Darren December 15, 2020 at 12:25 am - Reply

    Insurance is expensive until you realize the worst

  97. Winter December 16, 2020 at 4:24 pm - Reply

    Better to get it

  98. Vic December 18, 2020 at 4:48 am - Reply

    Your agency brings us value, thank you for that

  99. Richard H December 18, 2020 at 12:09 pm - Reply

    Protect your family’s assets, get the umbrella stupid!

  100. Rick December 19, 2020 at 12:20 pm - Reply

    There are bad people out there, beaware

  101. Vic M December 20, 2020 at 6:55 am - Reply

    Well done, good stuff

  102. Zane December 22, 2020 at 9:33 pm - Reply

    Listen to Colligan

  103. Paul December 23, 2020 at 6:34 pm - Reply

    You never know

  104. Mary December 24, 2020 at 2:18 am - Reply

    Much needed for bad situations

  105. Victor December 24, 2020 at 9:40 am - Reply

    You never know…hopefully its not your fault

  106. VAndy December 24, 2020 at 11:41 pm - Reply

    Good thing to do

  107. Vladimirqnt December 25, 2020 at 2:27 pm - Reply

    A lot of coverage

  108. Kanda December 26, 2020 at 8:13 am - Reply

    I could use more help on this

  109. Kanda M January 4, 2021 at 6:50 pm - Reply

    good info, I need to talk to you more about this

  110. Kam January 8, 2021 at 1:12 pm - Reply

    I completely understand, or at least I understand better now

  111. Kary W January 9, 2021 at 6:07 pm - Reply

    It’s too bad to hear about all the messed up things can happen

  112. Vandy S January 10, 2021 at 10:00 pm - Reply

    Just buy it, you won’t regret it

  113. Will January 11, 2021 at 5:59 am - Reply

    Good article, way to go Colligan

  114. Marianne F January 11, 2021 at 11:46 pm - Reply

    Umbrella needed if you have assets

  115. Krista H January 13, 2021 at 2:30 am - Reply

    I’m gonna do it finally. Thanks

  116. Max M January 13, 2021 at 3:35 am - Reply

    I don’t want to spend the money, but I understand why someone would do it.

  117. Matt January 14, 2021 at 4:50 am - Reply

    I had a family member get in a terrible accident…other guy has an umbrella, big payout

  118. Milly January 15, 2021 at 8:07 am - Reply

    Good riddance, all the bad crap that can happen is terrifying

  119. Jazy January 15, 2021 at 3:52 pm - Reply

    Hello and thanks for the insurance blog

  120. Katy January 17, 2021 at 12:25 pm - Reply

    Thanks Colligan, sign me up

  121. Arnie E January 19, 2021 at 6:45 am - Reply

    It’s really not much more, just bundle it with your home/auto

  122. Vic January 27, 2021 at 1:13 am - Reply

    I recommend doing it, just do it

  123. John S February 9, 2021 at 7:50 am - Reply

    People should really get this, you don’t have to have a million dollars to get one either

  124. Nathan Willis February 9, 2021 at 2:30 pm - Reply

    It’s only like $150 for an umbrella policy, do it people

  125. Farris G February 9, 2021 at 7:22 pm - Reply

    Umbrella insurance really isn’t that expensive

  126. Larry Sim February 11, 2021 at 1:33 am - Reply

    I understand but don’t want to spend the money to buy the umbrella, cross my fingers

  127. Kuky Z February 11, 2021 at 3:48 am - Reply

    I guess I should do it

  128. Frank February 15, 2021 at 12:20 pm - Reply

    I was wondering what my agent was trying to sell me… thanks for the explanation

  129. Pete February 15, 2021 at 10:25 pm - Reply

    Appreciate writing this. I love the world-wide-web because you can study something new every day. I’ll share this with my friends, thank you!

  130. Zach February 16, 2021 at 8:42 pm - Reply

    Have for that rainy day, good insurance advice

  131. Erin February 17, 2021 at 6:52 pm - Reply

    Good blog, thanks for the insurance advice…

  132. Quincy February 18, 2021 at 12:38 am - Reply

    Tough stuff happens, I see it often as a Sheriff

  133. Harry T February 25, 2021 at 5:42 pm - Reply

    Personal Injury attorneys be ROLLING in money. Better have limits b/c they will come after you

  134. Kendra February 27, 2021 at 11:47 am - Reply

    Everyone with assets should have an umbrella policy

  135. Doug March 1, 2021 at 10:27 am - Reply

    You always need to be aware of the the tragedy that can happen

  136. Frank March 2, 2021 at 2:50 am - Reply

    this world is crazy, better be prepared

  137. Candice N March 2, 2021 at 6:36 pm - Reply

    I wonder all the ways insurance comes into play, yikes!

  138. Nate March 4, 2021 at 5:32 am - Reply

    Good call on this, yep, needed

  139. Larry March 9, 2021 at 5:31 am - Reply

    I had a friend in a terrible accident, I’m glad his family had an umbrella

  140. Mikey March 10, 2021 at 11:58 pm - Reply

    It’s a wonder all the things that “could” happen to people

  141. Evi March 30, 2021 at 8:37 am - Reply

    Thanks for the insurance blog

  142. Frank Duton April 1, 2021 at 1:23 pm - Reply

    Thank you for every other informative site. Where else could I am getting this insurance in such an ideal approach? Thanks

  143. Ryan April 17, 2021 at 3:50 pm - Reply

    The internet needs more brain, less trash

  144. Andy May 12, 2021 at 5:40 pm - Reply

    Can’t buy it when you need it

  145. Dan June 23, 2021 at 8:34 am - Reply

    Terrible things can happen, I’ve seen it firsthand

  146. Larry August 7, 2021 at 7:52 pm - Reply

    Big time stuff when you need an umbrella policy

  147. Sandy September 20, 2021 at 10:32 am - Reply

    good short essay on umbrella insurance, nice job chap

  148. Brandon November 2, 2021 at 2:07 am - Reply

    I’d recommend it, terrible stuff happens. Protect your assets

  149. Jazy January 15, 2022 at 8:00 am - Reply

    Umbrella policies should be required by the state.

  150. Craig May 6, 2022 at 8:00 am - Reply

    I didn’t really realize the importance of an umbrella until i spoke with my attorney even though you guys recommended it…

  151. Zander May 21, 2022 at 1:32 am - Reply

    Good insurance blog, great job!

  152. Drew June 12, 2022 at 11:17 am - Reply

    Crazy stuff happens, if you have any assets get the umbrella policy

  153. Zander June 17, 2022 at 3:42 am - Reply

    I’ve been in law enforcement and seen enough terrible things, buy the umbrella and protect your family

  154. Iggy January 25, 2023 at 7:59 am - Reply

    Way cool, some valid points! I appreciate you making this article available, the rest of the site is also high quality. Have a fun.

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