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Cars and Transportation
Reply to "Car insurance question re: uninsured/underinsured motorist items"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]If you are worried about getting sued for a really large sum that would ruin you, the car insurance payout is limited and won’t prevent you from being financially ruined anyway, right? Also, can’t wealthy lower their risk by keeping their assets in trusts or llc’s or something else that (I assume) can’t be touched? Car accident are by no means the only type of thing someone can get sued for, and you can’t insure against everything, right? .[/quote] You can, it is called umbrella insurance [/quote]
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