What it does
Removes coverage for any liability arising out of the scheduled premises, often a rental property or high-hazard location.
Who needs it
Landlords whose rental property the umbrella underwriter will not cover.
Quoting and selling notes
- If the rental is excluded, the landlord needs a CGL with its own umbrella or higher underlying limits.
How the umbrella pieces fit
ISO's personal umbrella program is built from the DL 98 01 policy plus optional endorsements. The program includes excess endorsements for exposures the umbrella does not pick up on its own (business pursuits DL 98 05, home business DL 98 03, home day care DL 98 04, incidental farming DL 98 06, permitted incidental occupancies DL 99 02, broadened home-sharing DL 99 68, transportation network and delivery network driving DL 99 69 to DL 99 71), and exclusion endorsements (designated autos, recreational vehicles, watercraft, motorcycles, motor homes, dogs, unmanned aircraft). Match each excess endorsement to the underlying endorsement on the homeowners or auto policy so the umbrella has something to sit over.
Editions and availability
Current edition 05 26, replacing 02 15, 10 06, 06 98. Carriers adopt ISO editions state by state, so an in-force policy may carry an older edition.
