Also just bumped my umbrella to 2mm--cost 245/yr. Suddenly kicked-in that with assets to ER, needed more to protect against the possibility of someone else enjoying their ER on my nickel.
In terms of expense, I look at the price compared to an hour of an attorney fee--assuming you can find someone at that price who will only charge you an hour!
Like other postings, your rate is very subject to your risk. While my daughter lived in the home, our rate was closer to 775 and that was just for 1MM. Agent said it had to do with a driver under 25 living in the home.
nwsteve
In terms of expense, I look at the price compared to an hour of an attorney fee--assuming you can find someone at that price who will only charge you an hour!
Like other postings, your rate is very subject to your risk. While my daughter lived in the home, our rate was closer to 775 and that was just for 1MM. Agent said it had to do with a driver under 25 living in the home.
nwsteve