The purpose of an umbrella insurance policy is best summarized as what?(1 point)

Question

Responses

Cover costs associated with heavy rain
Cover costs associated with heavy rain

Groups all insurance policies into one discounted price
Groups all insurance policies into one discounted price

Protect the holder against liability costs beyond what is covered by other insurance
Protect the holder against liability costs beyond what is covered by other insurance

Uses one insurance policy to cover each member of a family

Answer 1

The purpose of an umbrella insurance policy is best summarized as:

Protect the holder against liability costs beyond what is covered by other insurance.