Labels:gamp | monitor | person | plant | sky | trade name | tree | ultraviolet lamp OCR: How an Umbrella Liability Policy Works .................. Liability 1 Million Your Deductible $300.000 Auto Insurance Homeowners Policy Insurance Policy Liability Liability Coverage 000000$ 000000$ Your Deductible Your Deductible t1 .000 $1,000 You geb sued. You settle with the claimant For $1 million You pay 1,000 deductible For the basic policy involved (auto or homeowner's). That policy pays $299,000 You umbrella policy kicks in because the 300,000 deductible has been qau TH pays $700,000 You pay nothing. nSUr ance Cover 0000000 Yout pens settlo heer navs
