Quote:
Originally Posted by dbussone
Bimmer - I have a fairly expensive cart only policy. If I also have an umbrella policy should I look at a less comprehensive cart policy?
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In order to get an umbrella policy you need to have "required" underlying limits on all of your other policies. My umbrella requires underlying limits of 250/500/100 on auto and golf cart policies. I believe those limits are pretty common for most umbrellas.
The intent of an umbrella is for more or less for catastrophic losses and not to be the primary policy relied on in most situations. So the high underlying limits are needed.