Early Retirement & Financial Independence Community - View Single Post - protecting assets- umbrella/liability insurance?

73ss454 · 01-07-2009, 10:34 PM

I was speaking to Geico today because I'm thinking about going to a different Home owners company. They only offer a 300K max and I have 500K now. Geico said 300K is mandatory and there was no diff. in price between the 300K and 500K. This should mean that the 1M is above and beyond what ever you have on your policy.

01-07-2009, 10:34 PM	#13
73ss454 Thinks s/he gets paid by the post Join Date: Oct 2004 Posts: 2,144	I was speaking to Geico today because I'm thinking about going to a different Home owners company. They only offer a 300K max and I have 500K now. Geico said 300K is mandatory and there was no diff. in price between the 300K and 500K. This should mean that the 1M is above and beyond what ever you have on your policy.