Personal Umbrella insurance is extra liability protection. This type of insurance policy is designed to help protect you and your family from major claims and lawsuits and as a result it helps protect your assets in the future. A car accident or mishap on your property could trigger a large claim in excess of the liability coverage you have on your auto or home. The umbrella insurance kicks in if the liability limits on your auto or home is exhausted. You can have one million to 5 million umbrella insurance protection.