Updated: March 2017
A personal umbrella policy (sometimes called a PUP) is an optional coverage that extends the liability coverage provided by an underlying insurance policy, such as homeowners, renters or auto. A PUP may help prevent you from paying out of pocket if you're found legally liable for the damage or loss of someone else's property or you're required to pay for someone else's medical or legal expenses after you're found at fault for an accident.
PUP coverage begins after you've reached the liability limits of the underlying policy. Policies are typically sold in $1 million increments.