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Maybe the real question then is what type of policy would be sufficient protection for my growing nest egg. I've reached the point where I'm debt-free and mortgage-free and at the same time I am hitting income limits for contributing to a Roth. Because of that my taxable savings is starting to get large rather quickly now and net worth is approaching 1 million. I'm looking for reasonable protection against lawsuits and the like. Would either an umbrella policy or a personal excess policy provide that kind of protection? or is the personal excess policy insufficient for my needs? The key thing I'm looking for is reasonable protection -- I can't protect against every scenario but I do want to take reasonable precautions.
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