Excess liability insurance is additional liability insurance beyond the coverage offered by your original insurance policy. Excess liability does not only keep you from paying costly medical expenses and claim payments; it also adds another layer of protection from lawsuits. Now a days lawsuits have become very common, and verdicts pay off have become considerably large as well. This become a serious problem to affluent individuals, because the wealthier you are the more exposed you are. With personal excess liability insurance, also known as umbrella insurance, you can have more peace of mind knowing that no matter the situation, you are fully covered.