Home much umbrella Ins? (by Ken [TX]) Aug 19, 2011 2:02 PM
Home much umbrella Ins? (by TIM [IN]) Aug 19, 2011 6:19 PM
Home much umbrella Ins? (by s [PA]) Aug 19, 2011 7:01 PM
Home much umbrella Ins? (by Robert J [CA]) Aug 19, 2011 8:51 PM
Home much umbrella Ins? (by Landlord of the Flies [TX]) Aug 20, 2011 4:05 PM
Home much umbrella Ins? (by Hoodster [MO]) Aug 20, 2011 7:38 PM
Home much umbrella Ins? (by s [PA]) Aug 21, 2011 6:06 AM
Home much umbrella Ins? (by Ken [TX]) Posted on: Aug 19, 2011 2:02 PM Message:
State Specific Question About: TEXAS (TX)
How much umbrella Insurance do you guys carry as a percent of your wealth? For example, I just bumped mine to 2x my wealth. Just wandering if I'm the only overly-paranoid one. --208.124.xx.xxx |
Home much umbrella Ins? (by TIM [IN]) Posted on: Aug 19, 2011 6:19 PM Message:
Mine is 2X my wealth too. So, nope, not overly paranoid... --67.236.xxx.xxx |
Home much umbrella Ins? (by s [PA]) Posted on: Aug 19, 2011 7:01 PM Message:
I have a $5 million policy on top of individual homeowners policies. cost is $1800 annually. --71.225.xx.xxx |
Home much umbrella Ins? (by Robert J [CA]) Posted on: Aug 19, 2011 8:51 PM Message:
Using an umbrella policy to bring my vehicle and income rentals from 1/2 a million to 1,2 or 5 million costs much less than having each policy with the higher coverage. Plus when a tenant tries to file a claim against me, I elect at first not to disclose my umbrella policy so that some attorney's won't take the case against me on contingency -- little pay out little effort. --173.55.xxx.xxx |
Home much umbrella Ins? (by Landlord of the Flies [TX]) Posted on: Aug 20, 2011 4:05 PM Message:
It's cheap to do big policies, but be careful. Large umbrellas may attract nuisance lawsuits since they know there's a big purse of easy money. Lawyer discussed this with our HOA when our board was looking at adjusting it. --99.125.xxx.xxx |
Home much umbrella Ins? (by Hoodster [MO]) Posted on: Aug 20, 2011 7:38 PM Message:
S in PA, who gives you 5mil for $1800 a year? That's dirt cheap...
We have a 1mil umbrella, but soon will increase it. Regardng the nuisance lawsuits, they usually become a nuisance, when the size of the policy is known... loose lips sink ships.. --70.129.xxx.xxx |
Home much umbrella Ins? (by s [PA]) Posted on: Aug 21, 2011 6:06 AM Message:
I have the $5 million policy through State Farm. --71.225.xx.xxx |
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