# Are there any pitfalls to be wary of when purchasing an “umbrella” insurance policy?

Typically, a pilot will have airplane insurance (or renter's insurance, if flying un-owned aircraft), car insurance, home insurance, life insurance and then for good measure purchase an "umbrella"-type insurance (usually up to $1MM). Have there been cases where this wasn't enough insurance, or the pilot thought he or she was insured but there was something unforeseen that rendered his insurance policies ineffective of shielding him or her from liability? This question is specific towards American pilots, in this case if would be for an "average" person, owning/flying a small single-engine piston airplane and a net worth of less than$1MM.

• I understand the question but I'm not sure if there's any good, general answer because it all comes down to the terms and conditions of your policy and what the circumstances of a claim are. It's difficult to say what is "enough" insurance because it depends on your other assets and the risks you can accept. – Pondlife Jan 13 '14 at 16:18
• @Pondlife thanks for the question feedback. I guess I'm just wondering if there is a list (or maybe just one) common "gotcha" that there have been some examples where a pilot took what they would consider to be standard precautions with their insurance buying but it turned out not to be enough. – Canuk Jan 13 '14 at 19:25