Many people with auto and homeowners insurance wonder if a personal umbrella policy (PUP) is really necessary. If you own property or have other assets, you should strongly consider umbrella insurance. A PUP covers a much higher limit and goes above and beyond liability directly relating to your home, boat, jet ski, RV, golf cart and auto. The main purpose of your umbrella policy is to protect your assets from an unforeseen event, such as a tragic accident in which you are held res...