Umbrella Insurance In South Carolina

Umbrella insurance is an additional layer of coverage that helps protect you from costly liability claims. It can provide protection when your existing auto, property, and liability policies don’t cover everything.



In South Carolina, Umbrella insurance can help if you are sued for amounts greater than what is covered by your primary policy limits by providing extra funds to cover your liability. It doesn’t just protect you from auto and property-related claims; it can also provide coverage for libel, slander, false arrest, and other personal injury claims.

A typical umbrella policy in South Carolina provides $1 million of coverage for an annual premium of around $380, although some policies may be cheaper and start at $200 per year.

Factors like your policy limit, age, and occupation can all affect the cost of your umbrella insurance. The more coverage you purchase, the higher your premium will be.



The best way to get an accurate assessment of the cost of your prospective umbrella policy is to get a quote from a licensed insurance agent.

Different insurers offer different umbrella policies and coverage limits, so it’s important to compare the options available. Southern Insurance Group has the best umbrella insurance policies in South Carolina.

We are independent, which means that we work with multiple insurance companies to give you the best coverage at the most competitive rates. Plus, our team of licensed agents can help you find the right policy for your needs.



Contact us today to get a free no-obligation quote and learn more about how umbrella insurance can help you in South Carolina. We look forward to helping you get the protection you need.

Umbrella insurance works to protect you from major financial loss in the event of a liability claim. It provides an additional layer of coverage beyond what is offered by your primary auto, property, and liability policies. In South Carolina, umbrella insurance can be used for more than just claims related to auto and property damage; it may provide coverage for libel, slander, false arrest, and other personal injury claims.

Let's look at an example of how umbrella insurance works in South Carolina. Suppose you get into a car accident and the other driver files a lawsuit against you claiming bodily injuries worth $1 million. If your auto insurance coverage only provides up to $500,000 in bodily injury protection, then you would be responsible for paying the remaining $500,000 out-of-pocket. However, if you had purchased an additional umbrella policy with a limit of $1 million or higher, it could cover the full amount of the claim and save you from having to pay that money yourself.

Another example is a property damage and liability claim resulting from an onsite incident at your business. Suppose someone slips and falls on your property, resulting in a medical bill of $200,000. If the liability limits on your business insurance policy are only $100,000, you may be liable for the remaining balance unless you have an umbrella policy with higher coverage limits.

In South Carolina, umbrella insurance typically provides coverage for the following types of claims:

• Bodily injury liability
• Property damage liability
• Personal injury liability
• Libel, slander, or defamation of character

Bodily Injury

In South Carolina, umbrella insurance typically provides coverage for bodily injury liability claims. Bodily injury liability covers the medical costs and expenses caused by an accident involving you or your property that results in physical harm or death to another person. It may also cover legal expenses if a lawsuit is filed against you due to the incident.

Some coverages included under a bodily injury liability policy are:

• Medical payments – including hospital stays, doctor visits and medical treatments.
• Pain and suffering – to compensate for physical pain and emotional distress.
• Lost wages – if the injured individual was unable to work due to their injuries.
• Death benefits – to help cover burial costs and other associated expenses.
• Punitive damages – if the court finds that your actions were particularly reckless or careless.
• Court costs – to help cover attorney’s fees and other legal expenses.
• Pain & suffering damages – non-economic losses due to emotional distress, physical pain, inconvenience, loss of enjoyment of life, etc. up to the policy limit.

Umbrella insurance will also cover legal expenses resulting from a lawsuit, including attorney's fees, court costs, and defense expenses.

Property Damage 

Umbrella insurance typically provides coverage for property damage liability claims. Property damage liability covers damage to another person’s property caused by you or your property. This includes damage to vehicles, dwellings, and other personal items that are owned by another person.

Personal Injury 

Umbrella insurance typically provides coverage for personal injury claims. Personal injury liability covers claims of libel, slander, false arrest, malicious prosecution, and other non-physical injury claims. This can help protect you if someone sues you for making a damaging statement, unlawfully detaining them, or making false accusations against them.

Umbrella insurance is important for any individual or business that needs additional liability coverage beyond what their current auto or homeowners insurance policy offers. It is especially beneficial for those who own valuable assets, such as a home, investments, or business property that could be at risk if a large claim were made against them. Additionally, it can be beneficial for those who may be at an increased risk of accidents or lawsuits due to their lifestyle or profession.

Overall, umbrella insurance is an important coverage to have in case the unexpected should happen. It can provide you with additional protection from costly claims and lawsuits by helping to cover the costs of medical treatments, property damage, and legal expenses. It is important for anyone living or doing business in South Carolina to consider purchasing umbrella insurance coverage for added peace of mind.

The amount of coverage you need will depend on your individual situation and the assets that you want to protect. Generally, umbrella insurance comes in increments of $1 million, so you should choose a limit that covers your assets and the cost of any legal fees.

Some factors that you should take into consideration when determining how much South Carolina umbrella insurance coverage to purchase are:

• The value of your assets, such as a home or investments.
• Your current auto and homeowners’ insurance limits.
• The potential for lawsuits from individuals or businesses who may be injured by you or your property.
• The number of vehicles and drivers on your policy.
• The amount of coverage you need to fully protect yourself.

Other factors that can impact the amount of coverage you need include your lifestyle, occupation, and any activities that may increase your risk of being involved in an accident.

It is important to speak with a qualified insurance professional when determining how much coverage you need so that you are properly protected. They can help you determine the best type and amount of coverage for your specific situation.



Keep in mind that umbrella insurance does not replace your primary liability policy, but rather provides extra protection in case a large claim is made against you.

To get the most out of your South Carolina umbrella insurance policy, here are some tips to consider:

1. Work with an experienced and knowledgeable insurance agent who can help you accurately assess your needs and recommend the right coverage options.
2. Make sure you are adequately covered for all of your assets, including investments and property.
3. Consider increasing your liability limits on both your auto and homeowners policies to provide additional protection in case of an accident or injury.
4. Check that the coverage you have is up to date and appropriate for the current market value of your assets.
5. Read through the policy's exclusions to ensure you understand what is not covered.
6. Discuss potential coverage gaps with your insurance agent, such as cyber liability or libel claims.
7. Ask about additional discounts that may be applicable to your policy.
8. Check for any additional riders that could be beneficial, such as a pet liability rider or watercraft liability coverage.
9. Consider adding an umbrella insurance policy even if you already have auto and homeowner’s insurance policies in place—it can provide extra protection when needed.

Your deductible is an important element in your umbrella policy. Generally, the higher the deductible you choose, the lower your premiums will be. Consider what level of risk you are comfortable with and select the best deductible option for your needs.

Before purchasing an umbrella insurance policy, it is important to compare quotes from several different companies. This will help you find the right coverage at the best price.



At Southern Insurance Group, we make it easy. We work with licensed agents across the state of South Carolina who can provide you with multiple competitive quotes on umbrella insurance policies that suit your needs. Contact us today to get started!