Not sure what state you are in. I’m in SC, yes it is included in auto if purchased, but why wouldn’t you offer another $1mil coverage to your client in an Umbrella policy? If you are willing to buy coverage for a party you injure, why wouldn’t you purchase it for yourself?
Typical uninformed response Rosenblatt. Umbrellas are purchased for amounts over and above underlying limits. You should have the same protection for yourself as you are affording others.
You don’t need to be mean man. He asked a serious question without calling anyone names or insulting them.
I don’t have as much personal lines experience, but from the commercial side, umbrellas are stand-alone policies. I use that term because, unlike an excess policy, an umbrella (usually) does not follow form and has its own coverage forms.
No mention of the optional uninsured and underinsured coverage on the Umbrella you should be looking for to protect your clients? Shocked I tell ya.
Wouldn’t UM/UIM be covered on the underlying (home/auto/etc) policy?
Not sure what state you are in. I’m in SC, yes it is included in auto if purchased, but why wouldn’t you offer another $1mil coverage to your client in an Umbrella policy? If you are willing to buy coverage for a party you injure, why wouldn’t you purchase it for yourself?
I’ve never seen it on a homeowners, etc. ??
Typical uninformed response Rosenblatt. Umbrellas are purchased for amounts over and above underlying limits. You should have the same protection for yourself as you are affording others.
You don’t need to be mean man. He asked a serious question without calling anyone names or insulting them.
I don’t have as much personal lines experience, but from the commercial side, umbrellas are stand-alone policies. I use that term because, unlike an excess policy, an umbrella (usually) does not follow form and has its own coverage forms.