The insured has a $1,000,000 personal umbrella policy with a $5,000 retention limit. For a $7,000 liability loss not covered under the insured’s personal auto policy, but covered under the Umbrella policy, the insurance company would pay:

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The insured has a $1,000,000 personal umbrella policy with a $5,000 retention limit. For a $7,000 liability loss not covered under the insured’s personal auto policy, but covered under the Umbrella policy, the insurance company would pay:

 Options:

The Correct Answer Is:

• d) $2,000

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