Excellent thoughts! Thanks.Yes, anyone with such assets should have an umbrella policy and $2M here is good.
One reason why is that the insurance company is going to pull out some real good lawyers with that kind of money involved. And, really, such legal help could be necessary for many things that could actually someone else's fault. Litigious society, remember?
As I understand it, insurance companies want to be insuring both home and auto before adding an umbrella policy. Mine does. Check with them and just do it.
Statistics: Posted by boomer543 — Mon May 06, 2024 8:25 am — Replies 15 — Views 1001