Typical cost of umbrella insurance $2M-$3M in NY, FL elsewhere?

[Mary Joe]

Hi All, what is the typical cost for your umbrella insurance in NY, FL or whatever state you are in for $2M or $3M + policy?  

Everybody here is saying umbrella policies are very affordable. 

I am starting to wonder if I have been overpaying for mine in FL.   I am paying about $1000 a year for a $1M policy on a tiny condo rental.   

thanks  

Mary Joe

[Bjorn Ahlblad]

@Mary Joe When we talk about umbrella ins we mean Liability insurance-at least that is what I mean. That runs about $150/million per year. Get enough to cover your net worth. I believe the condo insurance you are referring to is general property ins. Talk to your ins agent to get specifics about the policy.