Umbrella insurance

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1pk3mks
Posts: 10
Joined: Fri Oct 06, 2017 6:36 pm

Umbrella insurance

Post by 1pk3mks » Mon Nov 13, 2017 2:34 pm

Can anyone recommend an Umbrella insurance policy that does not require that I move my car insurance policy and my rental insurance policy to be a part of the Umbrella Insurance company?

MP123
Posts: 174
Joined: Thu Feb 16, 2017 3:32 pm

Re: Umbrella insurance

Post by MP123 » Mon Nov 13, 2017 4:45 pm

Does your current insurer not offer Umbrella policies?

Generally they will have specific requirements for the underlying policies including having maximum coverage amounts. You wouldn't want to find your Umbrella didn't cover you because of some technicality in the underlying auto policy for example.

I would imagine it's also easier to deal with one company in the event of a suit rather than having to coordinate with two different companies. Sorry I don't have a specific recommendation.

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Cloud
Posts: 631
Joined: Wed Sep 12, 2007 12:43 pm

Re: Umbrella insurance

Post by Cloud » Mon Nov 13, 2017 5:06 pm

1pk3mks wrote:
Mon Nov 13, 2017 2:34 pm
Can anyone recommend an Umbrella insurance policy that does not require that I move my car insurance policy and my rental insurance policy to be a part of the Umbrella Insurance company?
RLI... You can purchase a straight up umbrella policy without moving your home or auto over.
https://www.rlicorp.com/personal-umbrella-policy
Last edited by Cloud on Tue Nov 14, 2017 11:36 am, edited 1 time in total.

1pk3mks
Posts: 10
Joined: Fri Oct 06, 2017 6:36 pm

Re: Umbrella insurance

Post by 1pk3mks » Mon Nov 13, 2017 5:18 pm

Thanks!

runner3081
Posts: 781
Joined: Mon Aug 22, 2016 3:22 pm

Re: Umbrella insurance

Post by runner3081 » Mon Nov 13, 2017 5:32 pm

Stillwater Insurance.

Daryl
Posts: 352
Joined: Thu May 22, 2008 9:34 am
Location: Malvern, PA (I like to sleep near my money!)

Re: Umbrella insurance

Post by Daryl » Mon Nov 13, 2017 5:35 pm

How much coverage are we talking about? Premiums associated with typical umbrella policies probably don't vary a lot between different carriers, and I'd rather work with one company if I ever had a claim that exceeded the policy limits of the underlying policy. For most people, I'm assuming coverage is $100-$200 (annually) per million in coverage. Premiums could increase significantly if you need a larger policy.

TheAncientOne
Posts: 68
Joined: Wed Jul 19, 2017 8:53 pm

Re: Umbrella insurance

Post by TheAncientOne » Mon Nov 13, 2017 5:40 pm

I have auto insurance and umbrella with Amica. They've never asked me to move my homeowners insurance which is with Farmers although I believe that when I first started with them, I sent them a copy of my coverage.

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