well generally somebody has homeowners insurance with lets say 1000 deductible up to 300,000, then umbrella wih a deductible of 300,000 up till lets sat 1,000,000, then if hes gets sued and loses a judgement of 1m, all he has to pay out is 1k.
i would like to know if step 1 is necessary. why cant i just get the umbrella with the huge deductible?