In trying to protect his increasing net worth, Arbuckle Farnsworth is worried about lawsuits stemming from accidents and situations not covered by his modest liability limit on his homeowner's policy. Which type of insurance should he consider purchasing in addition to his current policy?

Question

Quizplus · Accepted Answer

Umbrella insurance provides additional liability coverage beyond the limits of existing policies, such as homeowner's insurance, and can protect against large claims or lawsuits.

In Trying to Protect His Increasing Net Worth, Arbuckle Farnsworth