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Old 10-10-2016, 12:48 PM   #20
Join Date: Oct 2007
Posts: 789
My understanding is that your marine insurance would be the first payer in the event of a successful liability claim but only up to the limit of that policy. The umbrella policy would be the second payer, up to the limit of that second policy. So, maximum liability coverage would be the sum of both policy limits. An important watch-out is that your vessel and its marine insurance coverage must be reported to your umbrella insurance carrier, and will probably increase the risk rating and premium cost for that policy.
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