Umbrella Coverage:
Personal Insurance:
There is a special opportunity to receive additional coverage when you have home and auto policy. You can purchase an umbrella policy that provides a blanket over both policies. When a claim is made, let’s say on your home, you are able to pull coverage from the umbrella to cover the costs. Same goes with the auto. You can have million dollar coverage with only a difference in a couple hundred dollars in premium.
Business Insurance:
Umbrella coverage works very similar for businesses who have a both property and commercial auto. Small businesses should take advantage of this coverage because it is not that costly for the amount of protection received.