The right amount of liability insurance for any individual, family or business depends upon a number of factors. These include the risks you face and the assets you want to protect. For example, if you have a passion for speed boating, you have an increased risk over someone who only takes a dinghy out on the occasional fishing excursion. And if you have a high income, you are more likely to be sued in the event that you are at fault for injury to others.

Some professionals recommend that you add up all of your assets and then double that figure to determine the amount of liability coverage needed. Others look to the costs of medical payments and legal fees, which can vary considerably by region. The appropriate amount of liability is a personal decision that needs to be made by each individual or business.

To figure out the right amount of liability insurance for you, talk to a knowledgeable agent. Independent agents like Frost Insurance in the Trusted Choice network will discuss what kind and amount of liability coverage you can purchase. Frost Insurance works with multiple insurance companies and we advocate for you, the consumer, not any one company. We will compare rates and options on your behalf.

Contact us today to set up a meeting to review your home, auto, or business insurance!

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