business and personal umbrella policy...

first of all, I am not any type of agent or broker, so don't quote me, just from what I understand...

personal umbrella usually can be extended from your primary home insurance, which covers personal liability such as injury from home, automobile and you can also extend this coverage to properties you own personally.

but if you want a policy that covers LLC, partnership, trust, corp or any other type of entity, you need to look into business umbrella.

business umbrella is little bit higher, but not by much.

my business umbrella cost $1000 for the first million, which covers 54 rental units.

my personal umbrella cost $488 for the first million, which is sits behind my business umbrella coverage.