1. A personal umbrella policy generally requires the insured to maintain:

Underlying auto and homeowners limits at the required minimums

An umbrella typically requires specified underlying auto and homeowners limits before its excess coverage applies.

2. A boat owner who needs broader coverage than a homeowners policy provides may purchase:

A watercraft or boatowners policy

A separate watercraft or boatowners policy provides physical damage and liability coverage beyond homeowners sublimits.

3. Flood coverage for a Massachusetts homeowner is most commonly obtained:

Through the National Flood Insurance Program or a private flood insurer

Because homeowners policies exclude flood, coverage is usually purchased through the NFIP or a private flood insurer.

4. To insure a valuable engagement ring for its full value beyond the homeowners contents sublimit, the insured can add a:

Scheduled personal property endorsement or floater

A scheduled personal property endorsement insures specific valuables for their appraised value above standard sublimits.