Sentences with phrase «umbrella policy essentially»

For example, a $ 1 million umbrella policy essentially converts a $ 500,000 auto liability limit or a $ 300,000 homeowners liability limit to $ 1.5 million and $ 1.3 million respectively.

Not exact matches

Essentially, an umbrella policy gives you excess liability coverage on top of what your other policies provide.

It is essentially an «umbrella» of coverage over your primary insurance policies.