It’s called Umbrella Insurance, and I want to explain why most of the advice you hear about it is often times wrong, or misleading.īefore we get too far, let’s discuss what exactly an Umbrella policy is. So why does this matter to you? It matters a lot actually, and luckily for you, there is a super cost-effective way to protect yourself, your assets and your family from situations like these. To say that we live in a litigious society would be a gross understatement.Įvery day around the country, courts award hundreds of millions of dollars in damages to mothers, uncles, children, neighbors, business owners, and anyone else who has been financially or physically crippled at the hands of a negligent party. That means there is a lawsuit filed in our country every 2 seconds. What if I told you that there are over 15 Million lawsuits filed in our country every year? That averages out to over 41,000 lawsuits per day. Have you every wondered exactly what Umbrella Insurance was? If so, you’ve come to the right place.
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