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re: Are umbrella insurance policies even necessary for most people?

Posted on 2/4/24 at 8:43 am to
Posted by UltimaParadox
Huntsville
Member since Nov 2008
40909 posts
Posted on 2/4/24 at 8:43 am to
Most people the answer is no because they have no assets.

That being said as others have said 112 dollars a month is insane. You are getting ripped off
Posted by baldona
Florida
Member since Feb 2016
20634 posts
Posted on 2/4/24 at 10:10 am to
quote:

Most people the answer is no because they have no assets


Can’t you be forced into payments if you are sued? I know you can bankrupt but you can still be forced to pay right? It’s not only about protecting assets if you are in something like a high risk profession.
Posted by DiamondDog
Louisiana
Member since Nov 2019
10677 posts
Posted on 2/4/24 at 4:02 pm to
I dont think you can purchase Umbrella apart from your main insurer can you?
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