Originally Posted by dhays
JThere are a lot of variables that would go into that, but I can tell you that I'm insured for $500k per accident. The more I think about it, I think that I should check into increasing it.
The last time I increased my liability cover I found that my costs were lower by reducing the primary cover and adding an umbrella liability cover that picked up from the primary and went to the $2M limit I wanted. It's been quite a while since I did the research and different companies may operate differently.
I'm just glad the guy got his boat out of Lake Hillsmere.