Yes. Most companies that offer umbrella or excess liability policies will not offer such a policy unless they also insure your home and or vehicles. The reason for this is that under the policy you are required to carry policies on your home and vehicles but are required to carry certain limits of liability on these policies. It s much easier for the company to monitor these policies and required limits if they handle these policies. There are some companies that will write these separately but the prices are much higher under these circumstances.
This is a very good question. Umbrella insurance is a type of insurance that covers personal property and the future income of the policy holder. It is a different type of insurance.
Your life insurance policy should contain a provision that stipulates if the policy covers death by homicide. It really varies from policy to policy, depends on the insurance company, etc.
There is no Such Auto Insurance Policy. You would need a Primary Auto Insurance Policy on your own Vehicle and then an attached Umbrella Policy on top of it in order to get close to this.
Personal umbrella insurance coverage and costs vary by company. Most require that you carry a defined amount of liability on your car or home policy.
Do you have the policy owner's permission?
If you have a living trusts and an umbrella insurance policy can the trust be sued in an auto accident.
Well, my guess would be the policy that covers both cars! And your insurance company is NOT going to love you anymore.
General liability insurance, or umbrella policy
If your policy limit is 300k then the insurance company will pay them that portion and you will be liable for the rest. If you really want to cover yourself for more than those limits, I would purchase an umbrella type policy that covers over the policy limits.
Personal umbrella insurance is a personal liability policy that kicks after your other insurances have been exhausted. If you are sued for $1 million for a car accident and your auto insurance will only pay up to $300k, your personal umbrella policy will pay the remaining sum (assuming your umbrella policy is large enough).
If you have expenses due to being bitten by someone's dog, one way would be to go to your insurance company to make a claim. They will go after the people for you and find out if they have umbrella insurance.
Umbrella policies set on top of personal liability insurance policies. Normally your homeowners policy provides this type of coverage . the umbrella policy should follow the coverage of the personal liability . It may or may not provide coverage for volunteer positions as policies are different from state to state and company to company. You need to consult your personal agent to review you current poliicy to make sure your policy provides the coverage that you are asking about