Should renters get an umbrella policy?

Who needs an umbrella?
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Who needs an umbrella?

Deciding whether to get an umbrella when you're renting is a matter of adding up your "exposures," says Kevin Noles, a product manager at USAA.

"What are you involved in?" Noles says. "Are you a hunter? Do you golf? Even though you're renting, you may have a swimming pool. The more exposures you have, the more the likelihood of something catastrophic happening."

Even the common act of owning a dog could increase your liability as a renter.

"Dog mauling cases quickly get north of typical liability insurance," Darras says. "You absolutely want an umbrella on top of your renters insurance."




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