An umbrella policy is designed to cover D. MAJOR PERSONAL LIABILITY SUITS.
An umbrella insurance policy is extra liability insurance. It is designed to help protect you from major claims and lawsuits resulting to protecting your assets and future assets.
Umbrella policy provides additional liability coverage above the limits of your homeowners, auto, and boat insurance policies. When the liability of all this policies have been exhausted, the umbrella policy protection kicks in.
It also provides coverage on claims that are excluded by other policies.
