An umbrella insurance policy sits on top of your underlying insurance policies. In covered situations, when the limits on the underlying policies are exhausted, your umbrella insurance policy will ...

Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance.

Insurance is supposed to shield you from significant financial losses in the event of a disaster, such as a fire, car accident, medical emergency or unexpected death. But sometimes, your insurance ...

Mandating by law the disclosure of insurance policy limits upon request offers many advantages including promoting early settlement, transparency, fairness and reduction in case costs. What Are Policy ...

Penny Gusner is a senior insurance writer and analyst at Forbes Advisor. For more than 20 years, she has been helping consumers learn how insurance laws, data, trends, and coverages affect them. Penny ...

A $500,000 10-year term life insurance policy costs an average of $12 per month for a healthy 30-year-old who doesn’t smoke. Term life insurance is usually less expensive than whole or universal life ...

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...

Farmers Insurance plans to start writing more home insurance policies in California ahead of regulatory reforms set for next year, the state’s second-largest homeowners insurance provider announced ...