Correct Cherokee. Min. 300k. The other alternatives is an umbrella policy. The ultimate protection like I have done is have assets in a LLC.
well if you are with a particular Ins co for 2 decades they likely have records of you for two decades - a two decade 'no claims/no ticket' should absolutely take precedence over any lower credit score you might have when determining rates. Ins cos that ignore a clean driving record because they guess that well that's because you probably just got it fixed on your own is rather cynical of them on its own and is only used for them to dismiss your seemingly splendid driving record as some kind of fairy tale.
phew! I had to read that last sentence a few times to figure out what you were trying to say.
Very good terry. I have never litigated a civil judgment. But everyone is an attorney , even the amazon delivery man.
Here’s the thing: Insurance companies are not in business to protect people’s property, freedoms and personal finances. Insurance companies are in business to make money. And they decided that a viable way of making that money was to provide insurance services. To wit, your insurance isn’t going to reward you with ultra low rates for being a customer for 20 years without making a claim. They are simply going to give you a rate that is competitive with what other companies would charge you if you decided to cancel your current policy. That strategy makes more profit, their primary goal. Their decisions are not driven by altruism.
Yep it's amazing how many people do not carry replacement cost riders and then cannot make the deductible portion of the repairs don't do anything so fall into the trap. It's even much worse without the replacement rider. The insurance company pays what's due under policy but cannot tell homeowner when and how to repair/replace. Depends but lots of times the owner never notifies ins company that repairs so he never collects depreciations that he is due. My son recently had a $2.2 million property with a 5% deductible ($110,000). Property only had $92k damage.
Pretty broad generalization. But then people will covet those that are intelligent ,responsible , educated and accumulated wealth. Coming from nothing. To feel satisfaction from their own Lack of accomplishments.
Looks like I’m not the only one that thinks this.
Exactly. Pretty broad generalizations. That is the whole purpose of actuarial data and risk assessment.
Dang! Not in my state.
I'll help you with this. People that own a business. That has a high score. Definitely trumps An individual with the high score. You're able to manage yourself and a business. Who would have thought.
