Forum Discussion
CA_Traveler
Aug 19, 2015Explorer III
rgatijnet1 wrote:Agreed. And then what happens when that limit (or whatever limit you have) is reached?CA Traveler wrote:
BTW Do you know what happens when the insurance company expenses (legal etc) reach your coverage limits?
Then my umbrella policy kicks in. Something everyone should have. :B
My understanding is that that insurance is done with the case and you continue the case without further backing from the insurance company.
But it was a concern. While we had $1M in coverage the minister burned through 4 law firms before settling his bogus $500K case for $20K. And BTW he didn't file the claim until he found out how much coverage we had.
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