04-06-2018, 07:24 AM
(04-06-2018, 04:08 AM)EmptySea_imp Wrote: Your million umbrella will not kick in (in most cases) until you or the underlying insurance vehicle insurance policy pays $500,000 (sometimes it's $300,000). If you are carrying, say $25,000 liability on your motorcycle policy, you will be personally responsible for the $475,000 difference.
My umbrella kicks in as soon as the limit for the individual liability has been reached.
