insurance






 

Question by  vijay (17)

Can Georgia land owners obtain an umbrella policy to protect them agaist others getting injured on their property and theft of material goods?

I need information on Georgia land owners umbrella policies and what it will protect you aganist.

 
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Answer by  Latin4 (11170)

Umbrella Policy is a policy that covers your existing policy for larger limits. If your regular policy has a 500,00 limit on BI your Umbrella has a limit of $1,000,000. 00

 
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Answer by  Rubberchicken (819)

Yes. In Georgia and other states in the U. S. , a landowner can purchase an umbrella policy (PLUP) to protect them from liability. However, this is an excess policy to cover you in large losses, so you should get underlying coverage in addition to purchasing an umbrella policy.

 
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