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Old 02-04-2013, 05:37 PM   #61
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Originally Posted by REWahoo View Post
Is policy limit information available to someone suing you in FL? I don't think that's the case here in TX.

In general, except as otherwise provided by law, policy information, including limits, is available in discovery in Texas once a suit is filed. This can be obtained with regard to any insurance that may be liable to satisfy all or part of a judgment.

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Old 02-04-2013, 05:50 PM   #62
Thinks s/he gets paid by the post
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Originally Posted by jimnjana View Post
I didn't notice an increase in the umbrella policy (USLI/USAA in FL) renewal this year. Will have to go look now. USAA is not on my "must recommend" list anymore...ever since they would not transfer my homeowners policy to a new purchase in FL. It might be worthwhile to have our homeowners insurance co provide us a quote on everything else.
My renewal date is sometime in March. We are renters, not homeowners, so we only have a renter's policy. I could call the agency that brokers my renter's policy (Universal since USAA won't write any dwelling insurance in FL) but I may run into the same problem someone else has with not having the auto and liability with the same company.

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Old 02-04-2013, 06:36 PM   #63
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Originally Posted by fritz View Post
Umbrella policies are a good option, but as mentioned - you may be sued for more than your coverage and could be financially ruined. It might make you a better target for a lawyer - it's surprising how quickly and how much they can find out about you to determine if you are worth suing. .... Remember, the guy's lawyer who is suing you works for a piece of the action, and the lawyer representing "you" works by the hour. The guy's lawyer suing you has to make a good determination if he can afford the upfront cost of going after you.....
Au contraire! Since I have both liability and umbrella with the same carrier they have millions of reasons to provide me with a vigorous defense should I be sued.

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