Most umbrella policy projects cost between $150 and $500 per year, with a typical price near $250. Prices vary by state and city, so the range below is a planning guide rather than a quote.
Typical umbrella policy cost
$150 – $500
per year · typical $250
A general planning range, not a quotation.
Umbrella policy cost breakdown
- $1 million coverage$150 – $300typical $200
- $2 million coverage$200 – $400typical $300
- $5 million coverage$350 – $600typical $450
What Umbrella Insurance costs
Provides $1 million+ in liability coverage above your auto and home policies. Costs $150–$500 annually for $1M–$5M limits, depending on risk factors like driving record and property. Protects against lawsuits and major claims.
Costs by state
- Alabama
- Alaska
- Alberta
- Arizona
- Arkansas
- British Columbia
- California
- Colorado
- Connecticut
- Delaware
- District of Columbia
- Florida
- Georgia
- Hawaii
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Manitoba
- Maryland
- Massachusetts
- Michigan
- Minnesota
- Mississippi
- Missouri
- Montana
- Nebraska
- Nevada
- New Brunswick
- New Hampshire
- New Jersey
- New Mexico
- New York
- Newfoundland and Labrador
- North Carolina
- North Dakota
- Northwest Territories
- Nova Scotia
- Nunavut
- Ohio
- Oklahoma
- Ontario
- Oregon
- Pennsylvania
- Prince Edward Island
- Quebec
- Rhode Island
- Saskatchewan
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Vermont
- Virginia
- Washington
- West Virginia
- Wisconsin
- Wyoming
- Yukon
Frequently asked questions
How much umbrella insurance do I need?
Most experts recommend $1M–$5M, depending on assets. If you have substantial savings or high-risk exposure, consider higher limits.
What affects the premium?
Coverage limit, number of vehicles, home value, driving record, and whether you have a pool, trampoline, or dog. Claims history also matters.
How can I lower the cost?
Bundle with your auto/home insurer, increase underlying liability limits, maintain a clean driving record, and ask about multi-policy discounts.