When umbrella coverage was added to policy, company raised Limits of liability from 100/300/100 to 250/500/100 and costs more. Why? Have had no accidents; drive a 2013 Nissan; excellent credit; senior citizen
This is how umbrella policies are designed to operate. Basically, an umbrella policy sits on top of your other insurance policies such as your homeowners or auto policy. But, it will only kick in if your other policies exhaust themselves in the process of paying out a claim. So, your company raised your liability limits to their maximum allowance to prevent the use of the umbrella policy.
If you’re looking for more information on an umbrella policy, see our article here.