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If you answer "yes" to one or
more of these questions, you might be a target for a
million dollar lawsuit!
- Do you own your home?
- Do you own a vacation home?
- Do you own waterfront property?
- Do you have a swimming pool on your property?
- Do you own more that one automobile?
- Do you own a luxury automobile?
- Do you own a power or sailboat?
- Do you own a dog?
- Do you have above-average family income?
Actually, even if you answered "no" to each of these
questions, there is always the possibility of being sued for a million
dollars, although the majority of major suits are leveled against
people who answer "yes" to one or more of the above questions.
- You don't have to be a millionaire to be sued like a millionaire.
- Juries don't seem to care about the ability to pay when they
award million dollar judgements.
- Your auto insurance will protect you only to the limits of your
liability overage.
- Your homeowners insurance will protect you only to the limits
of your liability coverage.
- You might not have done anything wrong and still be forced to
pay. (Even a fenced-in pool has been deemed an attractive nuisance.)
- You can lose nearly everything you own, and still be liable
to pay more out of future earnings.
- Look into at least $1 million dollar "umbrella" liability
protection—over and above your basic homeowners and automobile
liability limits.
- Make sure the "umbrella" you purchase covers you for
motor vehicle and watercraft operations.
- Be certain you are covered for incidents involving any property
covered by your homeowners policy.
- Ask about coverage for incidents involving libel, slander, character
defamation, privacy invasion and false arrest.
- You want everyone in your household (relatives or others residing
with you) to be covered.
- Make sure you understand all that is covered and all that is
not covered. (Among "exclusions" are usually professional
liability business liability and aircraft liability.)
- Call us today for complete information and the affordable rates
of a Personal Umbrella Policy.
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