Wozencraft

Yes, unfortunately the industry has been seeing increases in cost on most insurance products nationwide. We have multiple outlets that offer Umbrella Liability protection and would be happy to offer a comparison to what your renewal came in at. Let me know if you have any interest I will be happy to check into this for you.

Devin
[email protected]
www.wozencraftinsurance.com
www.wozencraftfinance.com

PQ290Enticer

I've heard of this type of policy just never investigated it. What would be a real life example where this would be necessary?

Mentalpause

Get in an accident with a semi, school bus, these million $ boats, cause injuries etc. Very likely if you are the cause you will exhaust the liability limits you have in the vehicle you are driving, whether a boat or a car. You see stories on here all the time of crazy things that happen, like putting your NT into the side of a house at LOTO! PLUP (Personal Liability Umbrella Policies) merely provide an addition level of liability coverage you cause beyond what limits you are carrying on your other insured entities.

Sydwayz

Cause a wreck that totals an auto transporter that has seven $100K AMG Mercedes also onboard and totaled. Now your looking at a $1.2 million liability.
Or, sink your boat that causes a fuel and oil slick that the EPA has to do a cleanup of which goodness only knows how that expense that would be.

...your $300K vehicle liability policy is going to tap out pretty quick.

The PLUP will kick in and cover you when that happens.


I just checked. I pay $543 a year for $3M in PLUP coverage with State Farm.

Helmwurst

I paid it for now. After this coming Spring, I will be getting new quotes on all my policies. I swear, there has to be a better way to insure yourself. I mean, I have 7 liability policies, WTF !?