Two Types of Umbrella Insurance: There are essentially two types of umbrella insurance, Business and Personal. To be perfectly clear they cover completely separate things. As the names would suggest a Commercial Umbrella covers your business liability arising out of business operations. A personal umbrella covers no such thing. A Personal Umbrella, also occasionally known as […]
An umbrella insurance policy is an excess liability policy that typically sits over vehicles, homes, and other forms of properties that carry liability insurance themselves. Umbrella policies otherwise known as excess liability policies require certain underlying liability limits and generally fall into two categories.