National-PL-IV Personal Umbrella Policy medium
Under typical personal umbrella eligibility rules, how is a 4-unit owner-occupied multi-family residential property treated compared to a single-family owner-occupied home? A Both are eligible at the identical household step-rate on the personal umbrella, with no distinction drawn for the additional rental units B The 4-unit multi-family requires additional underlying landlord/dwelling fire liability and is typically rated as a separate higher-rated exposure unit on the umbrella C The 4-unit multi-family is automatically excluded from any personal umbrella and can only be covered under a commercial general-liability program with scheduled premises endorsements D Only a commercial umbrella can cover any owner-occupied residence regardless of the unit count, so neither the single-family home nor the 4-unit building is ever eligible to be scheduled on a personal umbrella policy
