"Just about any accident gets into the $1 MM range"
by KeoughCharles05 (2019-04-22 22:50:54)

In reply to: It is tied to your personal net worth. Max out on what you  posted by btd

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for damages.

This is not even close to true.

You can make the point about appropriately protecting your assets without absurd hyperbole.

I laughed at that
by Denver Jim  (2019-04-22 23:52:37)     cannot delete  |  Edit  |  Return to Board  |  Ignore Poster   |   Highlight Poster  |   Reply to Post

If that were true no one could afford auto insurance. As someone who has been in the business several decades and managed an auto claim dept of over 100 adjusters I can attest to the fact that 1 mill in damages is very rare. 90% are probably under 20k. Not to say that an Umbrella policy is not wise.