Florida Umbrella Insurance Worksheet

Florida law doesn't require any. A common way to start is to compare the assets you want to protect with your current liability limits and choose enough $1 million layers to cover the difference, then think about risks like teen drivers, a pool, a boat or rentals. A judgment isn't limited to what you own today, so some people buy more. A licensed agent can price each layer so you can decide.

Often. Umbrella insurers typically require minimum bodily injury and property damage limits on each auto policy and a minimum personal liability limit on your home, condo or renters policy. Florida doesn't require bodily injury liability for most drivers, only $10,000 of PIP and $10,000 of property damage liability, so many Florida drivers need to add it first. The minimums vary by carrier.

Not automatically. Under section 627.727(2), Florida Statutes, an insurer issuing a policy that isn't primary auto liability, such as an umbrella, must make uninsured motorist coverage available on the application, at your written request, with limits up to the policy's bodily injury limits or $1 million, whichever is less.