How much liability ($) should you have??
#1
Registered
Thread Starter
How much liability ($) should you have??
Looking as a Cat, which I can't get ins for anyways (non previous cat ownership, or lack of Tres schooling) but all they quoted me was 300k. What good is that? I've run non insured for 20yrs knock on wood, never had a issue. Gettin older (wiser??) would like some protection. I know some say all you can afford ...
#3
Gold Member
Gold Member
I am shopping around for insurance as well and am having them quote me both 300 and 500.
BUT I think I am also going to look into an umbrella and I've heard a few folks on here say their umbrella policy requred they carry 500 in liability before they would write an unbrella policy.
BUT I think I am also going to look into an umbrella and I've heard a few folks on here say their umbrella policy requred they carry 500 in liability before they would write an unbrella policy.
#4
Registered
Join Date: Jul 2006
Location: Huntington Beach, CA
Posts: 209
Likes: 0
Received 0 Likes
on
0 Posts
I am shopping around for insurance as well and am having them quote me both 300 and 500.
BUT I think I am also going to look into an umbrella and I've heard a few folks on here say their umbrella policy requred they carry 500 in liability before they would write an unbrella policy.
BUT I think I am also going to look into an umbrella and I've heard a few folks on here say their umbrella policy requred they carry 500 in liability before they would write an unbrella policy.
#5
Registered User
Join Date: Feb 2001
Location: Tampa, Indian Shores Beach
Posts: 3,300
Likes: 0
Received 1 Like
on
1 Post
HHMMM, if you can get it under your home owners go with the 1mil Umbrella, if its a seperate policy, at least a few hundred K. Boats are cheap when a Lawyer gets involved, you will really know what expensive is, broken arm 50K chit like that.
I swear its almost enough to make me go get my Law degree.
I swear its almost enough to make me go get my Law degree.