Quick answer
The first $1 million in umbrella coverage typically runs $300 to $500 a year, with the average closer to $380 for $1 to $2 million in coverage. Each additional million generally costs less than the one before it, since the likelihood of a claim reaching that far up the coverage stack keeps dropping.
Relative to what it protects, umbrella insurance is one of the least expensive coverages a high-net-worth household carries. Specific pricing depends on your exposures, we cover what actually drives the number in our guide to how umbrella insurance is priced.