1. A personal umbrella policy primarily provides:

Excess liability above the limits of the underlying auto and homeowners policies

A personal umbrella provides excess liability protection above the limits of the underlying auto and homeowners coverage.

2. Because standard homeowners policies exclude flood, coverage for flood is most commonly obtained through:

The National Flood Insurance Program or a private flood policy

Flood coverage is typically purchased through the National Flood Insurance Program or a private flood insurer.

3. A boatowners policy is designed to cover:

Physical damage to and liability arising from a watercraft

A boatowners policy covers physical damage to a watercraft and liability arising from its use.

4. A personal articles floater is most useful for insuring:

Valuable items such as jewelry, furs, or fine art on an itemized basis

A personal articles floater itemizes and broadly insures valuables such as jewelry, furs, and fine art.