Month: March 2017

IS THERE A HIDDEN SURPRISE IN YOUR AUTOMOBILE INSURANCE POLICY?

IS THERE A HIDDEN SURPRISE IN YOUR AUTOMOBILE INSURANCE POLICY?

Many liability or umbrella insurance policies however contain a provision few consumers know about. It is called a “step down” or “drop down” provision. It only applies in very limited circumstances, but can have huge ramifications when it does. This unpleasant surprise may result in you getting something much different (and less) than you expected.

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