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Personal Finance (Not Investing) • Umbrella Policy- 1M or 2M?

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I know that during a lawsuit a common discovery question (which is allowed) is how much liability insurance coverage you have.

For the lawyers out there, can they also learn your net worth?

And what are the impacts on what plaintiffs do if these numbers are high or low?
Yes and no. A lot of stuff is public information, but more importantly, if the plaintiff settles for the limits, they're going to ask for an affidavit of financial position.

Statistics: Posted by Lee_WSP — Fri Mar 29, 2024 12:36 am — Replies 16 — Views 1288



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