I diligently have tried to avoid killing or maiming anyone
You've never met my brother-in-law, have you?
I diligently have tried to avoid killing or maiming anyone
Interesting.
USAA required the opposite when we purchased an umbrella policy - at least for our auto policies. We had to increase our liability limits to 300/500/100.
Our $5 million umbrella liability policy costs $453 per year.
Our $5 million umbrella liability policy costs $453 per year.
Electric InsuranceMay I ask who your carrier is? Seems like a pretty good price!
Electric Insurance
Electric Insurance
No.Do you have to be a GE employee or former employee?
....
If I face a huge lawsuit, I hope to spend every penny subject to a judgment on the defense of my case No reason to leave any crumbs for the judgment creditor to hoover up.
Our $5 million umbrella liability policy costs $453 per year.
It does.Does it include uninsured/underinsured motorists.
Electric Insurance
Do you have to be a GE employee or former employee?
CORRECTION: Though Electric Insurance does offer home and auto insurance to the general public, Personal Excess Liability policies are only available for GE employees/retirees - apologies.
It does.
CORRECTION: Though Electric Insurance does offer home and auto insurance to the general public, Personal Excess Liability policies are only available for GE employees/retirees - apologies.
CORRECTION: Though Electric Insurance does offer home and auto insurance to the general public, Personal Excess Liability policies are only available for GE employees/retirees - apologies.
Their website makes it seem like the PEL and Umbrella are two different products.
... I'm thinking mostly of the vast majority of drivers who carry the bare minimum or none at all.
I noted that the umbrella policy includes coverage for claims arising from serving on a nonprofit board. So, if I decide to become an officer of my HOA and some moron sues me for some perceived slight, hopefully the legal costs associated with my defense would be covered.