Sharpmonk
Umbrella insurance

Protect your assets beyond your policy limits

See roughly what extra liability coverage costs on top of your existing auto and home policies.

Umbrella insurance
Estimated annual premium
$200

Monthly equivalent: $17

Composition
$200total before offsets
  • $1M umbrella base88%
  • Additional underlying policies13%
$1M umbrella base$175

≈$175 per $1M of coverage / yr

Additional underlying policies$25

2 auto, 1 home policies

Prior claims adjustment$0

0 claims

Illustrative estimate only — not a quote or professional recommendation. Read the full disclaimer.

Trust & methodology

Last reviewed: July 23, 2026

This tool provides an illustrative umbrella (excess liability) premium estimate based on the generic factors shown below — not a quote from any insurer.

How to use this calculator

  • Pick a coverage limit

    How much extra liability protection you want above your auto and home policy limits.

  • Count your underlying policies

    How many auto and home/property policies the umbrella would sit on top of.

  • Add prior claims

    Liability claims in the past few years raise the estimate.

  • Read the estimate

    See the illustrative annual and monthly cost for that coverage limit.

Inputs used

  • Umbrella coverage limit
  • Number of underlying auto policies
  • Number of underlying home/property policies
  • Prior liability claims

Formula basis

  • Base = coverage limit in millions × ≈$175 per $1M of coverage per year
  • Annual premium = (base + surcharge for additional underlying policies) × prior-claims multiplier

Assumptions and limits

  • Generic, publicly-representative rate assumptions — not a filed rate table from any specific insurer
  • Assumes underlying auto/home liability limits already meet the minimums insurers typically require before writing an umbrella policy
  • Does not model excluded risks (e.g. business liability, intentional acts) that a personal umbrella policy typically does not cover

Frequently asked questions

It adds extra liability protection above the limits of your auto and home policies — for example, if you're sued for more than your auto policy's liability limit after a serious accident, umbrella coverage picks up the rest.

Anyone with meaningful assets to protect (home equity, savings, investments) or elevated liability exposure — a pool, a dog, teen drivers, or rental property are common triggers people cite.

Umbrella claims are relatively rare because your underlying auto/home policy has to be exhausted first. That lower claim frequency is why $1M+ of coverage often costs a few hundred dollars a year.

Related calculators