umbrella insurance

noun

A form of liability insurance that is in excess of specified other policies and also potentially primary insurance for losses not covered by the other policies. When an insured is liable, the insured's primary insurance policies first pay up to their limits, and then any additional amount is paid by the umbrella policy up to its limit.

Ask AI about this wordChatGPTClaudePerplexityGoogle AIGrok

Meanings

nounumbrella insurance (uncountable)
  1. uncountableA form of liability insurance that is in excess of specified other policies and also potentially primary insurance for losses not covered by the other policies. When an insured is liable, the insured's primary insurance policies first pay up to their limits, and then any additional amount is paid by the umbrella policy up to its limit.
Cite this entry
APA

umbrella insurance. (n.d.). In WatkinsX Dictionary. Retrieved November 5, 2026, from https://dictionary.watkinsx.com/word/umbrella%20insurance

MLA

“umbrella insurance.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/umbrella%20insurance. Accessed November 5, 2026.

Chicago

WatkinsX Dictionary, s.v. “umbrella insurance,” accessed November 5, 2026, https://dictionary.watkinsx.com/word/umbrella%20insurance.

Source: umbrella insurance on Wiktionary, CC BY-SA 4.0.