Insurance is just the first part of your asset protection plan. I like insurance. It’s a great deal having an insurance company and their team of highly paid lawyers in between you and someone who wants to legally steal your assets.
The problem surfaces when insurance decides not to cover you. Then you’re left with 2 fights on your hands. 1. Fight the insurer to help you fight the dick who’s trying to sue you; and 2. fight the dick who trying to sue you.
“I like insurance, and you should buy as much as the insurance company will sell you. But it’s fool hardy to rely on it because insurance is NOT asset protection.
I Like Insurance!
I don’t sell it, but think of it this way ... there is nothing better than having an insurance company, and their high paid team of lawyers, in between you and someone who wants your assets! As a general rule you should buy as much insurance as the insurance company will sell you! That means homeowners, liability, umbrella, renters, business li