Insurance & Divorce: Parenting: Protecting Your Home and Family:
(Provided by: Divorce Source, Inc. Staff)
Most of what you love in life is right there under your roof -- your family and your belongings. Insurance is an easy and affordable way protect you financially from unexpected misfortune. Consider the following:Go to: Parenting & Insurance Informational SectionThings you should know about Homeowner's Insurance:
- Homeowner's or renter's insurance, which protects the value of your belongings against physical damage and theft, and
- Umbrella Liability insurance, which covers you against lawsuits that may not be covered by your homeowner's, renter's or auto policy.
You may not have enough coverageThings you should know about Umbrella Liability InsuranceA homeowner's/renter's policy provides two basic types of insurance - property coverage and liability coverage. As your children grow older, they may acquire possessions whose full value isn't covered in a standard policy -- like a valuable stamp collection, for example. You should double-check your policy for special limits or exclusions on specific items and consider buying additional coverage in policy riders if necessary.Your policy may provide some coverage to in-home care givers
You should also consider increasing your liability coverage. You could be sued for extensive damages if an accident happened to someone else because of your minor child's negligence, inside your house or elsewhere.Some homeowner's policies provide workers compensation benefits for in-home caregivers who may be injured while working for you. Most policies do not provide this coverage, however, so you may want to consider buying it separately.Your children...your liabilityChildren bring greater joy into your life .. and greater liability. You are liable for your minor children's actions, and it is important to be prepared by having adequate insurance. If you're successfully sued on the grounds that your child's negligence caused harm to someone else, your personal assets could be seized to cover any damages that exceed your liability policy limit. You can easily expand the liability coverage you already have in your home and auto insurance policies by purchasing a personal umbrella liability policy. An umbrella policy may also provide liability coverage for claims not usually covered in auto and homeowners policies, such as libel, slander, defamation of character, invasion of privacy, etc.You need to understand your current liability coverageThe first step is to determine if you are adequately covered, by finding out how much liability coverage you currently have under your homeowner's/renter's and auto policies. Many insurers require you to carry minimum levels of liability coverage in your existing policies, before they will sell you an umbrella policy. Once you understand your current situation, you can better anticipate your future needs.
Go to: Insurance & Divorce Informational Section
| On-line Life Insurance Quotes: |
 | Do you need life insurance for your divorce? Get your term life insurance rate quote today! That's right! Find out the lowest rate, and don't pay up to 80% more than you should! Use your computer to compare hundreds of companies through BudgetLife! Click Here for an On-line Insurance Quote |
| On-line Dental Plan Quotes: |
 | A selection of 30 Nationwide and regional discount dental plans. With the most dentists in combined networks anywhere, several discount dental plans may be available in your area (find plans). You can use our unique search tools to compare the savings and features of each plan before deciding which is the best plan for you. Click Here for an On-line Dental Plan Quote |
| Featured Download Manuals: | The Download Center |
| Featured Books: | The Divorce Bookstore |
 The Property Division Handbook Divorce & MoneyFairshare Divorce for Women |
| Related Research Center Categories: | Helpful Services: | ||
| Children's Rights Employee Benefits | Military Benefits | Life Insurance |  Access to some research documents (those we license from independent legal research companies) are restricted to subscribers. In order to gain access to ALL of these documents, you must subscribe to establish an account. If you are already a subscriber, you may sign in before you begin your research. (Why Subscribe?) |
| The Research Center: (Divorce Cases of Interest) | Research Home | ||||
Find Case Law, Case Analysis, and Divorce Information...
| |||||
Copyright© 1996-2011. All rights reserved by Divorce Source, Inc.
Comments & Suggestions?