| If insurance
is for a rainy day, umbrella insurance is for
a storm! A day when someone hits you with a lawsuit
for hundreds of thousands, even millions, of dollars.
Think it can't happen to you? Do you know how
lawsuit-crazy this country is? You can't pick
up a newspaper these days without reading about
somebody suing somebody else for . . . what?
You read the article and say, "That's crazy.
There's no way somebody should be able to sue
for that."
Well, guess what? The courts are clogged with
these "crazy" lawsuits, and sometimes
the person bringing the lawsuit wins. Do you
really need coverage for these crazy lawsuits?
Maybe not.
But remember that a lot of lawsuits aren't
crazy at all. Some get settled. Actually, most
get settled. Often, the person being sued winds
up paying something to the person who brought
the lawsuit. And that doesn't even include the
fees the defendant in the lawsuit has to pay
to his or her attorney.
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