To protect your wealth and assets, you should carry high enough liability limits to provide coverage for defense costs and damages for situations in which you may be held liable. An umbrella policy can provide additional liability coverage to your auto, home, boat, and other insurance policies. This additional coverage is relatively inexpensive when compared to the amount of additional coverage being provided. You can also add underinsured and uninsured motorist protection to your liability policy that will protect you up to the limits for your bodily injuries caused by an un/underinsured motorist. This type of policy is often referred to as an Umbrella Policy.