Umbrella insurance is something that most people have heard of through television commercials but know very little about. With all the different types of insurance such as automobile, boat, motorcycle, homeowner’s, renter’s, etc., umbrella insurance is the one that is often forgotten. The purpose of this article is to inform you about the basics of umbrella insurance.
What is an umbrella insurance policy?
An umbrella policy is a specific type of insurance policy that individuals and households may obtain in order to cover themselves against any liability beyond what a primary insurance policy might cover.