The most common and most likely answer to this crossword clue is the 8 plus 4 letter word CANOPIED CANO
C
A
N
O
P
I
E
D
C
A
N
O
Buddy explains!
The straight part
We know that "covered overhead" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case covered overhead = canopied cano.The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.