How exactly do umbrella insurance policies work?
Say I have two properties, both under separate LLCs and insurance policies.
If I get an umbrella policy under one of those insurance policies, can it cover the other property as well? Or do I need to get two umbrella policies, one for each?
If I get an umbrella policy personally (like under my home residence policy), can I have it cover my LLC properties? Conversely, if I get it under one of my LLCs, can it cover me personally?