Does anyone have umbrella insurance in addition to their standard auto liability insurance? My carrier’s highest liability coverage is $500,000 ( I think my current policy is only 300k), and as I get older I want to protect my retirement savings and the equity I am trying to build in my house. With accident settlements seeming to be millions of dollars I don’t think $500k is sufficient.

I am just learning about this and feel that I should have added this coverage a couple of years ago when I bought the house.