An umbrella policy offers several important advantages for one’s investment. The amount of additional coverage it can offer is the first consideration, often to the tune of a $1 million or even more. The second benefit to purchasing this kind of insurance is its ability to provide the policyholder with funds to cover the expense of hiring legal representation. Substantial attorney expenses add up quickly and dramatically at times and often cost more than $10,000 at the drop of a proverbial hat. By obtaining an umbrella policy before this happens, the policyholder will not be subject to the extra financial burden or to the threat of bankruptcy in the course of fighting his or her legal battles.