Quote:
Originally Posted by patrickt
Remember to have your Umbrella policy specifically reference your separate underlying Cobra policy. Really big deal. Huge deal. Don't screw up on it.
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Anyone who doesn't have an umbrella policy with everything below it referenced is tap-dancing on a land mine. It's incredibly easy to blow past basic policy limits these days, and even someone well-set can get wiped out by one accident, or even collateral association with an accident.
A million-dollar umbrella costs about $100 a year. No excuse for not having one.