Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "When did you get umbrella insurance?"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote=Anonymous]Is there a certain NW at which this makes sense? We are at $1.2M including home equity and don't have visible wealth - old/small house, old cars etc.[/quote] Do you do anything that could lead to $1.2M in liability? Umbrella insurance just makes it so your carrier can offer the plaintiff enough money where they won't come after you. If you only have $200k assets but get a huge judgement against you then your wages and bank accounts will start being garnished. Even if you aren't visibly wealthy, your home address can be a good indication you have wages or rental income deposits to grab.[/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
