Let's say you have a policy for your home and your family's cars. You have just the right policy for the apartment you rent out to others, as well as, coverage for your boating excursions. Your homeowner's policy even has a special added protection for the business that your spouse runs out of your home. While it looks like you have all the coverage you need, perhaps you should consider... an umbrella. Umbrellas are designed to be carried over a person's primary (also known as underlying) liability coverage. Primary refers to the fact that in the event of a loss, the liability portion of your auto or homeowners (including renters and condos) coverage is the first to respond. Umbrella or excess liability policies respond to an eligible loss only after the primary insurance has paid its limit.