"Is My Umbrella Policy Enough?"
… million. What is the State of Personal Liability Risk in Society Today? A phenomenon known as “social inflation” has caused a surge in high-value jury verdicts and settlements in personal injury lawsuits. Potential sources of liability include teenage drivers, dog ownership, swimming pools, home entertainment, domestic employees, social media and online activities, board membership, and rental properties. Damage claims by third parties are not limited by your ability to pay or your personal net worth. Why do Many Successful People Have Insufficient Umbrella Coverage? Many people who have accumulated wealth and assets seek out top wealth management and …
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