Insurance - Not using Boat
06-06-2011, 10:54 PM
#11
HP Marine Ins. Specialist
Join Date: Mar 2008
Location: Insuring any kind of boat
Posts: 985
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You are 100% correct. An umbrella policy is ONLY used to extend the liability limits of a primary (underlying) policy. Meaning, you can't drop the liablity on your boat policy and get an umbrella policy. If there the underlying policy is not in force, then the umbrella would be worthless.
