Most homeowners and automobile policies carry some form of liability insurance, but sometimes this will not be enough to cover you in full.
Liability insurance provides coverage for lawsuits related to many things including dog bites, reckless driving, slips on icy walkways — even slander.
If you work as a volunteer, sit on the board of a charitable organization or provide day care in your home, you particularly could benefit from personal liability protection.
A personal umbrella policy is very affordable and provides extra insurance for your personal liability. Some policies even cover the costs of legal defense if you are sued.