Questions tagged [umbrella-insurance]
4 questions
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How many assets do you need before you should buy an umbrella insurance policy?
I've heard of umbrella policies before and I've seen some questions about them on the site, but I don't know how many assets you need before an umbrella policy is worth it. Does $50K of assets warrant an umbella policy? $100k? $10k? Does it…
Alex B
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Umbrella insurance and maximum liability
Let's say that your net worth is $1 million and, to protect yourself, you take out an umbrella insurance policy with a maximum liability of $1 million.
Then suppose something terrible happens and you get sued.
Is it possible that you could get sued…
minou
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4
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3 answers
Can you get umbrella insurance from a different company from where you get your basic home/auto insurance?
I presently have auto and house insurance with a single company (call it company X). They have a local agent and the cost and responsiveness is quite nice, so I'd rather not leave them. However, the umbrella insurance they offer seems to be quite…
user11599
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Umbrella Policy for Greater Than Half Million Worth
My net worth is around 1.4 million dollars. I read somewhere that I should get an umbrella policy. Currently, I have basic car insurance as shown below.
Car 1 Coverage:
Bodily Injury Coverage
Limit Per Accident $60,000
Limit Per Person…
user19037628
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