GEICO says umbrella insurance offers a canopy of extra protection for your financial assets

Washington, D.C., December 06, 2016 – Uh-oh. What if you accidentally hit and injure a bicyclist at a busy intersection? Or, you cause a multi-vehicle accident. Your insurance policy will cover damages and liability up to a specific dollar amount. Anything over that amount means you will have to personally cover the difference.

Umbrella insurance offers an extra layer of protection for your financial assets and helps protect you from catastrophic financial personal losses.

Here's how it works. Your primary auto, homeowners, motorcycle, and boat insurance policies each contain limits. If an accident happens and someone is injured or there is property damage well above the dollar amount specified on your primary insurance coverage, you will be held financially responsible to cover medical bills, legal fees and property damage in most cases.

A single umbrella policy offers a safety net by adding additional liability coverage above the current limits on your primary policies. Umbrella insurance also protects you against certain legal situations, including libel and slander that aren't typically covered by other policies.
GEICO infographic about the benefits of umbrella coverage

GEICO (Government Employees Insurance Company), the second-largest auto insurer in the U.S., was founded in 1936 and insures more than 28 million vehicles.

To make changes, report claims, print insurance cards and purchase additional products, policyholders can log into their car insurance policy, connect via GEICO Mobile, phone or by visiting a GEICO local agent.

Homeowners, renters, condo, flood, identity theft and life coverages are written through non-affiliated insurance companies and are secured through the GEICO Insurance Agency, Inc. Commercial auto and personal umbrella coverages are also available.

Visit for a quote or to learn more.