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pickle
LIF Toddler
Member since 5/05 491 total posts
Name:
Marie
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Umbrella Insurance policy ?
Hi All,
We're reviewing our insurance and were considering getting an umbrella insurance policy, but i'm not really sure if its something we need for now, or to look into later (like maybe when we have kids or something..)
I was wondering do you all have them, or not?
Thanks!
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Posted 2/7/06 2:29 PM  |
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DjPiLL
Member since 5/05 3664 total posts
Name:
Richard
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Re: Umbrella Insurance policy ?
I was offered it but didnt take it. Its a little overkill. Get enough liability coverage on your car insurance and your home insurance and you should be ok.
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| Posted 2/7/06 2:41 PM |
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schnapy
LIF Adolescent
Member since 9/05 766 total posts
Name:
Diana
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Re: Umbrella Insurance policy ?
I thought the benefit of having Umbrella was so they cant sue you for your house?
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| Posted 2/7/06 3:04 PM |
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pickle
LIF Toddler
Member since 5/05 491 total posts
Name:
Marie
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Re: Umbrella Insurance policy ?
I think that's so, the guy basically explained it that if say the mailman falls and slips on my property, hurts himself, and then decides to sue me for a million dollars, then i'm covered. And then no, i wouldn't lose my house paying his settlement. But maybe I have it wrong?
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| Posted 2/7/06 3:16 PM |
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sophie78
LIF Infant
Member since 5/05 220 total posts
Name:
.
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Re: Umbrella Insurance policy ?
We have one. We are insured for at least 1 million with it. My dad insisted that we get one.
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| Posted 2/7/06 3:47 PM |
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LuckySV
LIF Adult
Member since 10/05 4675 total posts
Name:
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Re: Umbrella Insurance policy ?
http://www.insbuyer.com/home_owners_insurance_umbrella_policy.htm
I don't think it's really necessary if you have a good amount of insurance (auto and homeowners) coverage already, but some like to be more than cautious (which I happen to be!).
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| Posted 2/7/06 4:05 PM |
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MommaG
Yay Spring!
Member since 5/05 5133 total posts
Name:
Gloria
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Re: Umbrella Insurance policy ?
We have one. It's relatively inexpensive and in today's world where people sue for the stupidest things, I like having that extra protection.
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| Posted 2/7/06 7:47 PM |
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skew
LIF Adult
Member since 5/05 6794 total posts
Name:
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Re: Umbrella Insurance policy ?
Posted by MommaG
We have one. It's relatively inexpensive and in today's world where people sue for the stupidest things, I like having that extra protection.
i agree
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| Posted 2/7/06 7:58 PM |
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princess99
LIF Adult
Member since 5/05 3944 total posts
Name:
ME
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Re: Umbrella Insurance policy ?
Posted by MommaG
We have one. It's relatively inexpensive and in today's world where people sue for the stupidest things, I like having that extra protection.
I agree and that is why we have one.
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| Posted 2/7/06 8:34 PM |
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