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Old 09-22-2022, 12:03 PM   #181
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[QUOTE=FlaMariner;2831935]
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Originally Posted by bobandsherry View Post
Attorney said that having umbrella attracts more frivolous lawsuits



Curious....How would anyone know I had umbrella insurance?

If a lawsuit has already been filed, there is a discovery process that, I think, requires you to disclose your insurance coverage. But Iím not an attorney, so donít hold me to it.
If no lawsuit has been filed, they wouldnít know unless you or someone who knows you do leaks it.
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Old 09-22-2022, 01:02 PM   #182
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I’m pretty sure ours does too after reading through it. Sometimes I’m just leery of the legalese that can be confusing.
Yeah, I think that is by design. I had to CALL them to get the complete policy. They have them available for a few years on-line, but they are usually just show any changes or updates to the original policy...which I could NOT find. I think that's a bit ridiculous since you can "chat" or send a secure message for almost anything else.

QUOTE=Dash man;2831942]
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Originally Posted by FlaMariner View Post
If a lawsuit has already been filed, there is a discovery process that, I think, requires you to disclose your insurance coverage. But I’m not an attorney, so don’t hold me to it.
If no lawsuit has been filed, they wouldn’t know unless you or someone who knows you do leaks it.
This varies between states (go figure), but in some places as soon as a petition is filed, you are required to disclose insurance information.

I have a couple of former law school buddies that work insurance defense. The "filing of frivolous" suits because someone "has umbrella insurance" is not really a thing. As a matter of fact, lawsuits are few and far between when it comes to insurance claims..almost all are settled out before anything is filed.
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Old 09-23-2022, 09:08 AM   #183
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I would be switching companies if my umbrella insurer dropped coverage for defamation.
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Old 09-23-2022, 09:19 AM   #184
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I wish you had to put up a bond before you filed a lawsuit such that the bond would pay the fees of the person you were suing if you lost.
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Old 09-23-2022, 10:30 AM   #185
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Good thing folks don't post any libelous or slanderous things on the Internet...
But if you just think about posting libelous or slanderous things on the Internet does that count?
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