19 Search Results for umbrella

June 3, 2012 at 11:17 pm

Buy a $1,000,000 Umbrella!

...ount their blessings. A good lawyer can distribute and preserve that settlement in a way to maximize the benefit of the injured person. c. So, get a personal umbrella, and if you are the guy with a net worth ever $3,000,000, buy a bigger umbrella!...

January 24, 2018 at 9:43 pm

A Personal Injury Glossary: Negligence, Insurance, and the Rest

...00-$600,000, or even higher if you have a “personal umbrella”. 6. Personal Umbrella: Think of “umbrella insurance coverage” as coverage that hovers over your other coverages in order to provide an extra level of protection. A condition of coverage is for you to carry robust limits in your underlying (auto, homeowners’) policies. In return, you can have an additional coverage of $1,000,000 or more. It is a great bargain for persons with asset...

September 17, 2010 at 8:29 pm

Various Insurance Coverages – Limiting the Loss

...INSURED DRIVER AND LOSE YOUR HOUSE, BUSINESS, RETIREMENT, EVERYTHING. SOME UMBRELLA! This almost happened to some friends. Their agent talked them into an umbrella but failed to offer them the UM and UIM. Fortunately, WV law required them to do so, so the coverage was obtained. Don’t count on being so fortunate! Get the coverage IN WRITING. Write me via “comments” below or to hunterjb@3wlogic.net with any questions. If I don&#821...

March 15, 2014 at 1:50 pm

FAQ

...ave enough insurance, or had no liability insurance, and a “personal umbrella” can provide you liability and underinsurance coverage over and above all other insurance, typically for a million dollars or more! When you purchase an “umbrella”, you must carefully review, and often upgrade, all of your underlying coverages. Without proper coverage limits, you might lose the coverage you thought you had. Sometimes it is your in...

July 31, 2011 at 3:37 pm

Dear Personal Injury Client: Points to Remember

...hovers over all of your other coverages. (Note with this; you can have an umbrella with holes! I actually had a case where the agent wrote to his clients to talk them into getting an umbrella, convinced them, but failed to provide them U.I.M.! It turns out that in WV he HAD to, so they got the coverage, but YOU cannot risk having that good fortune. 6. Of course, most of you are reading this AFTER your collision, so we will do the very best for yo...

March 29, 2010 at 8:30 pm

West Virginia Auto Insurance Coverages

...brella’s: You can get much larger coverages which serve as an “umbrella” over your other coverages. To qualify, you must meet your carrier’s “minimum coverage requirements” for your various policies. Once you do that, you easily have $1,000,000 of liability, U.I.M and U.M. coverage, or more. In one recent case of mine, that coverage made the difference between financial recovery and financial ruin for my clients...

April 28, 2015 at 12:30 pm

WHAT YOU DO NOT KNOW (ABOUT INSURANCE AND SOCIAL SECURITY) CAN HURT YOU!

...ge, that your UNINSURED COVERAGE and UNDERINSURED coverage be part of that umbrella. http://hunterlawfirm.net/buy-a-1000000-umbrella/. Here’s an example. You are hit head on by someone with $20,000 per person and $40,000 per occurrence. You and your spouse are hospitalized for a month, and one of you needs major surgery. Your small business or professional practice is ready to go under, and that “disability plan” you bought isn&#...

January 22, 2016 at 10:20 pm

An Article to Bookmark: Until Your World Comes Crashing Down

...t/various-insurance-coverages/; and http://hunterlawfirm.net/buy-a-1000000-umbrella/ So, it was a bad one and now you do not know what to do. You or your spouse is in the hospital. If he is a worker, his paycheck may stop. If a small business person, who will make or sell your product, or pay your employee? Who do you call first? Will your own insurance carrier protect you. What if the other side’s insurance adjustor won’t call you bac...

September 24, 2015 at 5:43 pm

Suggestions for Operating and Marketing A Small Firm Efficiently and on a Budget

...find $ 1.2 millon in UIM coverage. http://hunterlawfirm.net/buy-a-1000000-umbrella/ Regarding gaps in coverages. Do not learn too late that your liability claim from your devastating car wreck is not covered under your underinsured, UIM, coverage! It is stunning to think there are lawyers in WV driving around with personal umbrellas that do not provide UIM coverage. Check with your carrier! Pathagoras Segment – Roy Lazris Today I will share...

March 6, 2013 at 1:26 pm

Fundamental Precautions – Before and After Your Serious Collision

...ts. Search for “insurance” or “coverage” or “umbrella”. The solution? Up your UM and UIM coverage, and if you can afford an “extra $200”, bet a personal umbrella but MAKE SURE the agent offers you UM and UIM coverage. In at least one extreme case, the agent did not and we had to recover under the agent’s “errors and omissions” coverage. Our state Delegate, Bill Hamilton, is co-spons...