What assets does umbrella insurance protect in Georgia?

Umbrella coverage protects home equity, savings accounts, investment accounts, and a portion of future wages from garnishment after a large judgment. Georgia law does not have the broad asset exemptions that some states offer, so a large judgment can reach your property and financial accounts. For families with meaningful equity or savings, the $150 to $300 per year cost of a $1M umbrella is low relative to what it protects.