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Homeowners - Personal Liability Coverage...

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LIMOMx2
...

Member since 5/05

24989 total posts

Name:

Homeowners - Personal Liability Coverage...

Is $100,000 too low?

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Posted 4/4/07 3:11 PM
 
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Smileyd17
kids

Member since 5/05

20997 total posts

Name:
Mommy

Re: Homeowners - Personal Liability Coverage...

Posted by 5ofClubs

Is $100,000 too low?

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Yes...I think so.

Look at it this way.
To bump it up, it would cost you no more that $15-25 ( at least here that is what it is)
and this in the case of you getting sued.

Posted 4/4/07 3:44 PM
 

lorich
.

Member since 6/05

9987 total posts

Name:
Grammie says "Lora Gina"

Re: Homeowners - Personal Liability Coverage...

Posted by Smileyd17

Posted by 5ofClubs

Is $100,000 too low?

TIAChat Icon



Yes...I think so.

Look at it this way.
To bump it up, it would cost you no more that $15-25 ( at least here that is what it is)
and this in the case of you getting sued.



I agree...
We have $500k + $1mil UMB

Posted 4/4/07 3:47 PM
 

greenfreak
.

Member since 9/06

11483 total posts

Name:
greenfreak

Re: Homeowners - Personal Liability Coverage...

I think that's how much we have, and we're just renters in someone else's house that has homeowner's insurance.

You can never scrimp on liability. I worked for my friend who owned an insurance brokerage. She sold a family a 1mil umbrella and just 2 weeks later, their teenage daughter got into a bad accident with her friend. It was the girl's fault, there was no question.

Her friend had both her legs broken and her parents sued them. The only thing that saved their house was that umbrella policy.

I always think of that when I get annoyed at the price of insurance. You always think it couldn't happen to you, but you just never know.

Posted 4/4/07 3:54 PM
 
 
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