Insurance question: umbrella policies

[rubytue]

Anyone know off hand if you have to have all your policies with the same place for the umbrella to work?

For a specific example: it looks like we won't be going with state farm for our boat (better coverage for a lot less from a boat-specific place). But will that affect our umbrella?

Yeah, I could call. Or read my policy. But I'm lazy and thinking about it right now.

[AAM2012]

Some companies require that you have everything with them but not all (I believe USAA does). Sorry, I would just call.

[rubytue]

We already have the umbrella. We'll be adding the boat to the rest of the policies.

This is also partially me make H step up and do some of the crap I normally take care of. His boat, his baby. So he is the one calling for quotes and making choices. Normally I handle all this type stuff and I want to make sure he covers it without being a pest.

[littlemermaid]

Our umbrella is not the same company as some of our other policies. The insurance company that provides us the umbrella policy just charges us $20/year extra for not having all policies under one company.

[lintscreen]

Nope. Just make sure the underlying policies have adequate limits which are outlined in the umbrella.

[aurora]

Ours is with the same company as everything else but only because it was cheapest that way, not because we had to do so.