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Re: What Do You Know About Liability Insurance


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Posted by Skycarp on April 19, 2004 at 19:08:43 from (63.77.108.2):

In Reply to: What Do You Know About Liability Insurance posted by David on April 19, 2004 at 15:14:36:

IMHO, you need to check with your insurance
agent on this question. Tell her your
concerns, what you do, and what you do it
with. She will recommend the necessary
coverage. I am not an advocate of too much
insurance,and I hate paying it, but I would
rather pay it now than to lose it all in a court
over a lawsuit.

I myself have State Farm Insurance. I have
insurance policies on my autos, boat, RV,
ATV's, tractors, homeowners, and rental
property. On top of those I have an umbrella
policy to cover my properties and toys away
from the primary residence.

My umbrella policy is for $1 Million over and
above what any other policy covers in liability.
One example of what the umbrella policy
covers: I am renting a house boat for 5 days
this summer. The liability from the rental
company would have cost me $35 dollars a
day. My umbrella policy covers me totally
while on the house boat. The umbrella policy
costs me $191.00 a year.


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