umbrella insurance
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.
Noun
umbrella insurance (uncountable)
- 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.
Questions about umbrella insurance
- What does umbrella insurance mean?
- Umbrella insurance means 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.
- What part of speech is umbrella insurance?
- Umbrella insurance is a noun.
Words near umbrella insurance in the dictionary
Source and license
Adapted from Wiktionary: umbrella insurance (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.
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Cite this entry: “umbrella insurance.” Word.ws, https://word.ws/umbrella_insurance. Based on Wiktionary, CC BY-SA 4.0.
