
People tend to not understand, or not think about Umbrella Insurance…until they need it…It’s worth a quick read of this post… Umbrella insurance is one of the most-commonly misunderstood types of insurance. Because it’s a bit difficult to understand and surrounded by myths, too many businesses go without it and regret it later. Let’s take a closer look at what umbrella insurance is, and settle some common misconceptions about it. MYTH #1: It’s Basically A Bunch of Insurances Combined. This is the most common misunderstanding about umbrella insurance. It’s not just a mishmash of combined insurance types. It’s actually an…