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Date Posted: 08:09:15 11/30/01 Fri
Author: Ben T.
Author Host/IP: 24.125.13.87
Subject: Re: Insurance Coverage
In reply to: TB 88 S4 's message, "Insurance Coverage" on 19:29:34 11/28/01 Wed

Bite the bullet.

Imagine you rear end a bus. No one killed or seriously maimed, but 20-30 bus riders looking at a Porsche and grabbing their necks. Once the first one sues, the rest will follow. Now, how long is $30,000 gonna last? The rest is on you. Umbrella policies are a great idea, even if your assets are not substantial. You see, if you get a judgement against you, they can garnish your wages, bank accounts, etc... So even if you have few assets, but much potential and a desire to acquire assets, then get an unbrella or SUBSTANTIAL coverage. It's a litigous world.

Just my 0.02.

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  • Re: Insurance Coverage -- pghcheeseman, 09:21:38 03/27/02 Wed

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