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What Is Umbrella Insurance — and Do You Need It?

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Most of us think about insurance in terms of the basics: health, auto, homeowners, and maybe life. But what happens if something big goes wrong — the kind of accident or lawsuit that blows past the limits of your standard policies? That’s where umbrella insurance comes in. Umbrella insurance is a type of liability coverage that kicks in when your other policies (like auto or homeowners) max…

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Maryalene LaPonsie

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