Umbrella Insurance for Dual Homeowners

For many snowbirds who split their time between sunny St Petersburg, FL and a northern home, dual ownership brings both lifestyle freedom and unique insurance challenges. Whether you’re escaping winter or enjoying the Gulf Coast year-round, protecting your assets across state lines is essential. That’s where personal umbrella insurance can be a powerful financial tool.

What Is Umbrella Insurance?

Umbrella insurance is a type of liability coverage that goes beyond the limits of your standard home, auto or boat policies. For snowbirds who own property in two states, drive vehicles in both locations or entertain guests seasonally, the risk of liability increases. A personal umbrella policy acts as a financial safety net, covering legal fees, medical expenses and damages if you’re found liable in a serious accident or lawsuit.

Benefits of Umbrella Insurance

Umbrella insurance can offer financial protection across a wide range of scenarios. For example, say that you host a gathering and a guest slips on your patio, sustaining injuries. Your homeowners insurance may cover part of the claim, but if the costs exceed your policy limits, your umbrella insurance can step in. Similarly, suppose you’re involved in a car accident while visiting your second home, and the damage surpasses your auto coverage. In that case, umbrella insurance can help protect your savings, retirement accounts and other assets.

For dual homeowners, coordination between policies is key. Umbrella insurance doesn’t replace your existing coverage; it supplements it. To qualify, insurers typically require minimum liability limits on your underlying policies. Snowbirds should verify that both homes, vehicles and recreational assets (like boats or golf carts) are adequately covered and listed.

For personal umbrella insurance near you, contact Zirkle Insurance and Financial Services.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.