Umbrella Insurance in NYC and Westchester
Extra Protection When It Matters Most
A single accident. A single lawsuit. That’s all it takes to put your personal assets at risk. Umbrella insurance provides a critical layer of liability protection that kicks in when your underlying home, auto, or rental property policies reach their limits.
At Refine Risk, we believe this is one of the most overlooked but essential coverage strategies for high-achieving families, professionals, and real estate investors across Westchester, Fairfield County, and the New Jersey Gold Coast.
What Is Umbrella Insurance?
Umbrella insurance is an extra liability policy designed to protect your income, savings, and future. It sits on top of your homeowners, auto, landlords, or other primary policies and provides additional coverage limits when those policies max out.
It also expands coverage to include certain claims not typically covered by other policies, such as slander, libel, or false arrest.
Why You Need Umbrella Insurance
If you’re ever sued for bodily injury, property damage, or personal liability, your base insurance policies will only cover so much. Once those limits are exhausted, you are personally responsible for the rest.
That’s where umbrella insurance steps in, providing millions in additional protection that shields your assets and your future.
Real-Life Scenarios Umbrella Insurance Protects You From
| Scenario | Without Umbrella | With Umbrella |
|---|---|---|
| Multi-vehicle car accident | You’re on the hook for any costs over your auto policy limit | Umbrella kicks in for the rest |
| Guest injury at your home | You pay the lawsuit settlement out of pocket if it exceeds homeowners coverage | Umbrella covers the excess |
| Your dog bites someone | If damages exceed limits, personal savings are at risk | Umbrella bridges the gap |
| Fire spreads from your condo to neighbors | You’re sued for multiple units’ damage and legal fees | Umbrella handles the overflow |
| Tenant sues over injury at your rental | You’re liable for injuries and defense costs | Umbrella gives extended protection |
Who Needs Umbrella Insurance?
Umbrella coverage is strongly recommended if you:
- Own a home, condo, or rental property
- Have teenage drivers or household employees
- Host guests or gatherings regularly
- Own assets exceeding $500,000
- Travel or volunteer internationally
- Have public visibility, business interests, or a high income
Whether you’re in Tuckahoe, Bronxville, or Larchmont, this coverage isn’t just for the wealthy. It’s for anyone building something worth protecting.
How Much Does Umbrella Insurance Cost?
This is one of the most cost-effective ways to secure high-value protection.
Average starting cost: $150–$300 per year
Typical coverage limits: $1 million to $5 million+
The premium depends on the number of properties, vehicles, and drivers it overlays. Most carriers require bundling with your auto policy, but standalone umbrella policies are available if needed.
Why Refine Risk?
- We align protection with your full financial picture
- We coordinate umbrella with your existing coverage to avoid hidden gaps
- We represent multiple carriers for optimal pricing and flexibility
- We understand the nuanced exposures of real estate owners, business leaders, and multi-generational families
How to Get Started
Getting started is simple. Call our office or head to the quotes page. We’ll review your current policies, walk you through your liability landscape, and design an umbrella solution that fits.