@estateplanlawyer: An umbrella policy covers damages that might exceed homeowners, and audio auto insurance claims. It can often be first step in asset protection as part of a complete estate plan along with a revocable, living, trust and other estate planning documents like a power of attorney. #EstatePlanning #LivingTrust #FillThatBucket #Pevney #financialfreedom #orangecounty #UmbrellaInsurance
Here’s the problem with umbrella policies. Let’s say you have a low auto liability policy, your uninsured & underinsured coverage will also be low. Your umbrella won’t give you a dime for your injuries. Skip the umbrella and buy liability within your policy and get high un and underinsured coverage. 😏
2025-06-19 01:42:13
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