Financial Planning 101 - Umbrella Insurance

So far in the Financial Planning 101 series I have discussed multiple types of insurance coverages you can get to cover your things and your family. In this installment I will cover a type of insurance coverage that you may have heard about and hopefully you have but in many cases people either don’t have it or certainly don’t have enough and that is personal liability coverage or an umbrella policy as it is commonly referred to. Liability insurance provides coverage for you when you are deemed at fault in some sort of accident or incident they come after you for damages or file a lawsuit. This can be the result of a car accident, someone getting injured at your house or by your pet, or as t

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