We just recently purchased an umbrella policy based on the same reasoning that 784caroline and rubicon mention in the above posts. One other reason that we chose to do it is because we are currently putting some of our investments into rental properties and felt an even greater need to cover the possible risks. We're keeping our fingers crossed that nothing like that ever happens, but if it did, it does give you greater peace of mind to know that your entire life savings would not be wiped out. Just as the others mentioned, it really didn't cost that much more to be able to sleep better at night.
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