[l2ridehd]

For me the value of an umbrella was to lower overall insurance cost while increasing the coverage. Rather than having a 1 million liability on auto and home liability coverage, I was able to drop those to 300K and 500K and purchase a 3 million umbrella policy. Total cost was less and total liability coverage moved from 1 million to 3 million. How much coverage you need is subjective, but having rental properties, an LLC for the golf carts, a motorcycle and probably other exposures it made sense to improve coverage for less cost.