How much liability insurance do you carry?

[jon-nyc]

Again, you are not insuring those assets. You're just raising the amount of liability required to put them at risk.

 

[Rustward]

From the same carrier or from other carriers?

It is up to the umbrella carrier. I was given a quote for an umbrella from Company B (large ubiquitous carrier) when I had a vehicle insured by Company A. They wanted to see Company A's policy and Company B's quote was contingent on raising the liability limits. Just to simplify things I changed all the policies to Company B.

 

[Options]

I'll trade you for Michigan winters.........

No thanks, I'd be the one always spinning out the car and causing those 200 car pile ups. And in that case, no amount of ins would cover me...

 

[DUFUS]

I have a $2M Geico umbrella @ $333/yr. For having no high risk toys/activities (I have not been employed as a professional athlete in the last 10 years. That was one of the questions ), maybe that rate is a little high, but I just recently insured my cars (including a new 2015 purchase) through Geico for substantially less than what any other company quoted. So, it's all good. Well... it's all INSURANCE... However you may feel about that.
Homeowners is through MetLife.

 

[Rich_by_the_Bay]

+1

$4mm for under $500 annual premium.