It is an extra $1,000,000+ (depending on chosen limits) in liability coverage protection over all auto policies, homeowners/rental policies and toys such as motorcycles, boats, etc. policies. There is an option to also include additional uninsured motorist coverage starting at $1,000,000 in excess coverage. There are underlying limit requirements so ask us for more details! Yes, everyone should explore the umbrella option. Florida is a very litigious state and this could protect you against consequences like garnished wages or losing assets in the event of a claim.