The personal liability umbrella policy is designed to provide a catastrophic layer of liability coverage on top of the individual's homeowners and automobile insurance liability coverages

Respuesta :

Answer: True

Explanation:

Personal liability umbrella policy was made to provide protection to people should a catastrophic legal claim or judgement be passed on them.

For the coverage to be offered however, the insured must have underlying policies such as homeowners and automobile liability insurance coverage because the personal liability umbrella policy will only pay out after those underlying policies have paid out.