Hi fellow financial nerds! I am considering if I should acquire an umbrella policy. When I was married and we had a house together, the policy was about $350 annually, and I’ll assume it’s the same cost. I do have a house now on my own with some equity, and a small amount of investments and savings. Also, my ex did use his umbrella policy prior to our marriage related to a car accident in which the payout was over $1MM. This experience has made me realize the importance of this type of policy... but still not sure on my own.
What are your thoughts??
Submitted February 24, 2020 at 04:26PM by amberevek https://ift.tt/2vcNbfs
