Although everyone is different and has different needs and financial considerations, here is a general tip about how to protect yourself and your family.
Umbrella policies float on top of your other insurance policies to compensate people who you may unintentionally injure at home or with a vehicle. This insurance provides insurance coverage in addition to your underlying policy to protect your assets from being seized by someone you may have injured. These policies vary from insurer to insurer. If you can purchase an umbrella policy that includes UIM insurance, it is a good idea to do so. If you have an above average income, own a home or have other assets, you should have a $1,000,000 Umbrella policy. If your net worth is over $1,000,000, you should have an even bigger Umbrella policy.
The attorneys at Nelson Boyd have over 50 years of combined legal experience in representing injured people and fighting insurance companies. If you have been injured, if you have an insurance claim, or if you just have questions about insurance coverage, please contact us at (206) 971-7601. Nelson Boyd – We Care. We Can Help. www.nelsonboydlaw.com
