We pay $1400 for $4 million. We have 4 cars and 2 teen drivers though. I think that it roughly doubled when our kids started to drive.
Anonymous
03/26/2018 16:54
Subject: Umbrella insurance?
We pay $20/ month for 1M
Anonymous
03/26/2018 16:53
Subject: Umbrella insurance?
About $200 for $2 million
Anonymous
03/26/2018 15:27
Subject: Umbrella insurance?
That's too high. I pay less than that for $3M liability, maybe it's $450 a year or something.
The only thing I can think of is to make sure that you're comparing it against the same cost of the base homeowner's policy, or whatever it is.
Anonymous
03/26/2018 15:15
Subject: Umbrella insurance?
That does seem high. We have $1M and it is less than $250 a year. We did have to bump up our car insurance to $500K in coverage though before they'd issue the umbrella, can't remember what that increase was, but it wasn't much.
Anonymous
03/26/2018 15:09
Subject: Umbrella insurance?
If you have umbrella insurance, what do you pay for it? I just got quoted $600 for an annual policy up to $1 million. That seems steep to me but I have no way of knowing.