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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Tradelite who wrote (48964)2/22/2006 8:54:58 PM
From: Elroy JetsonRead Replies (2) | Respond to of 306849
 
Self-insuring for risks you can easily afford to cover is smart.

Self-insuring for risks which put your financial situation into jeopardy is absolutely crazy.

I'm sure Chevron-Texaco's net worth of $50 billion far exceeds your own. Yet Chevron-Texaco needs an Umbrella policy but you don't -- that doesn't make sense.

The only people who don't need an Umbrella policy are those with no significant assets and lower incomes.
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