If you rent your home out only once a year for a local event, can you rely on your standard homeowners insurance and umbrella policies to cover any possible incidents that require filing a claim? Or do you need to add a different policy for that one-time rental?
Not that it's foremost on your mind on Valentine's Day, but insurance IS an important aspect of a loving relationship.
It helps protect you and your partner from financial loss, and your insurance needs will vary depending on the stage of your relationship.
Here are some examples of insurance needs at 5 different relationship stages:
Umbrella insurance is a type of liability insurance that provides additional protection beyond the limits of your existing insurance policies.
It's designed to protect you from major financial losses in the event that you are held liable for damages or injuries caused to others.
Here are 2 typical examples: