When setting premiums, companies look at driving records, the number of cars you own and in some states, the drivers’ ages. Rates may also vary based on the general litigiousness where you live. If you had trouble getting auto or homeowner’s insurance it might be a lot tougher to get a personal umbrella policy.

Continue Reading →

Basically umbrella policies sit on top of other insurance that includes liability protection such as homeowners, auto and boat policies. When your primary insurance is not enough, the umbrella policy is triggered, spreading its protection (hence the term umbrella). Umbrella policies typically cover you and family members who live with you for accidental injuries to another person or another person’s property.

Continue Reading →