To buy, or not to buy? That is the clich question. But it is also a legitimate question when it comes to many life decisions. Amongst the many important questions we have to ask ourselves is "do I need umbrella insurance?" If you don't know what umbrella insurance is, here is a quick sum up.
An F0 is equivalent to 40 to 72 mile an hour winds. Tornado damage from an F0 is expected to be light.
An F1 is equivalent to 73 to 112 mile an hour winds. Tornado damage from an F1 is expected to be moderate.
Car accidents, libel, slander, false-arrest, etc., are all reasons umbrella insurance could be good to have. And this doesn't just apply for rich CEO's or millionaires. Plenty of middle-class people are sued millions for common accidents. Umbrella insurance will protect you from those situations.
But the question really is, should I really get umbrella insurance? It's a tough question to answer and of course no one can predict the future. Buying or not buying will always come with risks. But, if you would like to minimize those risks, here are a few self-appraising questions that could help you make a better decision.
First, consider your situation in life. What job do you have? Could you be a target for an angry customer, client, or business partner? Does your work involve controversial issues? Could you be personally held responsible for work-related incidents? If it looks like you walk a fine edge with your work, it might be a good decision to invest in an umbrella policy.
Second, consider your personality. Are you accident prone? Are you distracted easily? How many accidents have you been in in the past? Do you like to cause trouble? Do you like to take risks? Do you have a bad temper? Do you like to argue controversial issues in public forums? Do you like to defy authority? If so, you might want to consider umbrella insurance.
Normally, twisters stick around the F0 to F1 range. About 74% of all tornadoes fit in this range. Less than half of all tornado related deaths fall in this range. The Fujita level of a twister isn't determined until after the storm has taken its toll. It is determined after measuring the strength of the winds and assessing the full extent of its damage. Consequently, the best judge of the strength of twister as it touches down will be your own senses and the speed of the wind whipping your face. The greatest tornado ever recorded was likely an F5. Fifty years before the creation of the Fujita scale, it wreaked havoc on 219 miles over 3.5 hours travelling at speeds of 73 miles an hour. Although the wind speeds were not recorded, the tornado damage was so extensive that experts suppose it worthy of an F5 status.
In the words of one Colorado man, "This sure ain't the rocky mountains Dorthy", as he drove through the wind-torn states Kansas and Oklahoma. This man was taking a trip with his wife and kids. His wife's name was actually Dorthy Rue, however ironic that is. His name was Bret and they had just gotten a good way into their route back east when they saw the first tornado in their lives.
Finally, talk to your local Colorado Independent Insurance Agent and see what advice they have for you. If you have existing car insurance Colorado, or home insurance Colorado, you might ok. See what your agent has to say.
An F0 is equivalent to 40 to 72 mile an hour winds. Tornado damage from an F0 is expected to be light.
An F1 is equivalent to 73 to 112 mile an hour winds. Tornado damage from an F1 is expected to be moderate.
Car accidents, libel, slander, false-arrest, etc., are all reasons umbrella insurance could be good to have. And this doesn't just apply for rich CEO's or millionaires. Plenty of middle-class people are sued millions for common accidents. Umbrella insurance will protect you from those situations.
But the question really is, should I really get umbrella insurance? It's a tough question to answer and of course no one can predict the future. Buying or not buying will always come with risks. But, if you would like to minimize those risks, here are a few self-appraising questions that could help you make a better decision.
First, consider your situation in life. What job do you have? Could you be a target for an angry customer, client, or business partner? Does your work involve controversial issues? Could you be personally held responsible for work-related incidents? If it looks like you walk a fine edge with your work, it might be a good decision to invest in an umbrella policy.
Second, consider your personality. Are you accident prone? Are you distracted easily? How many accidents have you been in in the past? Do you like to cause trouble? Do you like to take risks? Do you have a bad temper? Do you like to argue controversial issues in public forums? Do you like to defy authority? If so, you might want to consider umbrella insurance.
Normally, twisters stick around the F0 to F1 range. About 74% of all tornadoes fit in this range. Less than half of all tornado related deaths fall in this range. The Fujita level of a twister isn't determined until after the storm has taken its toll. It is determined after measuring the strength of the winds and assessing the full extent of its damage. Consequently, the best judge of the strength of twister as it touches down will be your own senses and the speed of the wind whipping your face. The greatest tornado ever recorded was likely an F5. Fifty years before the creation of the Fujita scale, it wreaked havoc on 219 miles over 3.5 hours travelling at speeds of 73 miles an hour. Although the wind speeds were not recorded, the tornado damage was so extensive that experts suppose it worthy of an F5 status.
In the words of one Colorado man, "This sure ain't the rocky mountains Dorthy", as he drove through the wind-torn states Kansas and Oklahoma. This man was taking a trip with his wife and kids. His wife's name was actually Dorthy Rue, however ironic that is. His name was Bret and they had just gotten a good way into their route back east when they saw the first tornado in their lives.
Finally, talk to your local Colorado Independent Insurance Agent and see what advice they have for you. If you have existing car insurance Colorado, or home insurance Colorado, you might ok. See what your agent has to say.
About the Author:
Affordable American Insurance is an independent insurance broker owned and operated in Colorado. Let us provide you with the best protection, the best service, and the best price for your Colorado insurance today!
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