With prices of everything from construction to mortgages soaring, the financial cost of risk is growing fast, especially for people in Maryland and Delaware. Personal umbrella insurance protects you when the liability claims against you exceed the coverage limits of your other insurance policies. Staples & Associates shares who really needs umbrella insurance and why it’s the most underrated financial safety net on the market.

Why Umbrella Insurance Matters More in 2025

What would happen if you were sued for more than your auto or homeowners insurance covers? There are countless reasons that your personal risk can grow when you’re at your peak, putting you and your family’s financial future in a vulnerable position. 

At Staples & Associates, we’re watching the market so that we can make the best recommendations for you. With the number of legal claims and the size of settlements increasing in the United States, protection is key. Social media liability is a rising concern, making people more susceptible to defamation or cyberbullying, which could result in a greater risk of digital exposure. And, as property values rise, as they have done in most of the country, you’re likely more exposed to risk than you may realize. 

 Avoid taking a chance on everything you have built and earned in your life. Personal umbrella insurance provides broad protection for various situations, such as a major car accident where you’re at fault, someone getting injured on your property, or being sued for defamation or slander. It also helps cover legal expenses, including the cost of your defense in a liability lawsuit.

Who Could Benefit from a Personal Umbrella Insurance Policy?

• Home and property owners
• Car owners
• Landlords
• Parents
• Public Figures
• Business Owners
• Volunteers and Board members

Set up a consultation with one of the knowledgeable agents at Staples & Associates to review your portfolio and risk profile. Contact us today!