shows the jargon of insurance: the political umbrella

shows the jargon of insurance: the political umbrella -

Two common insurance questions we hear: "What is an umbrella policy?" and " Do I need? "
an umbrella policy is an added layer of liability insurance protection that goes beyond the coverage limits stated in your policy. This coverage is designed to fire once any other coverage was exhausted. Umbrella policies can extend your coverage for personal liability policies, such as your homeowners and automobile, and they can also add a protective layer of responsibility for trade policy and business. in the commercial area, policy coordination may also be designated as "passive umbrella" policies or "excess liability".
Your standard insurance policies should provide adequate liability coverage for most situations that may arise, but in the age of trial blessed is today an umbrella policy can provide an extra layer of protection. In case of problems, this secondary coverage picked up where your primary coverage stops
The Insurance Information Institute speaks about personal umbrella coverage :. Should I buy an umbrella liability policy
financial Web offers more on the responsibility of umbrella business? Insurance: Insurance Commercial Umbrella: is it essential for your business
Just a reminder that this is only a brief overview of information ?. As for questions of insurance coverage specifics vary by policy and by the insurer. If you think you or your business can benefit from an umbrella coverage, pick up the phone and have a conversation with your independent agent. Whether personal or business questions, your agent can help you plan the best combination of coverage to meet your unique needs, and can also shop around for the best coverage available at the best price.

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