If something were to happen on your property and you were found liable,
the same umbrella coverage will be in effect for that situation that you use when driving your car.
Not exact matches
Because NBC and Golf Channel fall under the
same Comcast
umbrella, there's no interruption on the
coverage schedule and a couple additional options will be available when we get to the weekend.
Regardless of whether a landlord's homeowners insurance
coverage covers the
same home as their renters, they should be able to deduct the premiums for an
umbrella policy.
Don't forget that you can add uninsured and underinsured motorist
coverage to the
umbrella as well, to protect you from those risks in the
same million dollar increments as the policy.
Typically, you must carry both your home and auto policies with the
same insurance company to add in an
umbrella policy —
coverage that can add $ 1 to $ 5 million of extra liability
coverage.
If you have your homeowners and auto insurance with the
same company, check out the cost of
umbrella coverage with this insurance company.
Regardless of whether a landlord's homeowners insurance
coverage covers the
same home as their renters, they should be able to deduct the premiums for an
umbrella policy.
Secondly, the
umbrella should have the
same coverage trigger (occurrence or claims - made) as your primary general liability policy.
Don't forget that you can add uninsured and underinsured motorist
coverage to the
umbrella as well, to protect you from those risks in the
same million dollar increments as the policy.
With policy limits up to $ 500,000 of liability
coverage and
umbrella policies available over and above that, Effective
Coverage can help you maintain the
same level of protection with renters insurance.
It is not the
same as excess insurance, which typically only applies when all the policies that it covers have been exhausted,
umbrella insurance «drops down» to fill in gaps in
coverage as needed against any underlying policy or policies.