What is "umbrella liability coverage" insurance?

What is "umbrella liability coverage" insurance?

James Bell (Publisher, Auto Reviewer) gives expert video advice on: What is "auto insurance"?; What is "gap insurance"?; What is a "deductible"? and more...

Umbrella liability coverage is supplemental coverage that acts, as the word says, as an umbrella over your existing policies. It therefore protects you from unscrupulous lawsuits, or massive situations that drain your original funding from your insurance policy and then go after your own personal assets for payment.