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re: Liability Umbrella Insurance

Posted on 5/5/13 at 9:14 pm to
Posted by Slickback
Deer Stand
Member since Mar 2008
27686 posts
Posted on 5/5/13 at 9:14 pm to
At the mid-sized agency that I worked at, we had multiple claims on umbrella policies in the 4 years I was there.


imagine you hit a guy hit on a MC and permanently disable him or kill him, leaving a family behind. You'd want the $1.25mm or $2.5mm of coverage. Especially if you are a public figure or someone in a high-paying field.
Posted by Athanatos
Baton Rouge
Member since Sep 2010
8141 posts
Posted on 5/6/13 at 11:36 am to
If you disable someone, you won't get the piece (sic) of mind the above posters seek with only $2.5 MM excess of primary. Especially not if you are %100 at fault.
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