Always carry the same liability limits on your insurance policies

When you buy automobile, Homeowners, boat, snowmobile, or any other liability policy, always buy the same liability insurance limit. No exceptions.

People make this mistake a lot, especially when they have their insurance coverage split between different agents and/or insurance companies. You can reduce the changes of this happening by having as much of your liability insurance as possible with the same agent.

Whenever you cause an injury or property damage, you want the same amount of money available to you for legal costs and judgments no matter what the cause of the accident. In the same way that you wouldn't buy more liability insurance for claims that occur on Monday, Tuesday, and Wednesday than the rest of the week, don't buy different liability limits for different policies.

If you have an umbrella policy, make sure that all the underlying liability insurance limits meet the minimum requirements of the umbrella policy. If they don't, you'll owe the difference.

For more great helpful tips, visit TEDMUS INSURANCE SERVICES online, or call us at 1 (800) 903 5752.