You have the most popular house on the block for the neighborhood children to play at.You have a trampoline,tree fort and jungle gym.Your family also has two large German shepherd dogs.What should you consider given the described situation?
A)Purchasing personal property replacement cost coverage
B)Purchasing earthquake coverage
C)Purchasing an umbrella policy
D)None of the above

Question

Quizplus · Accepted Answer

With the popular house on the block and multiple attractions for children to play at, there is an increased risk of accidents and injuries occurring on the property. Additionally, having two large dogs increases the risk of a dog bite incident. Therefore, purchasing an umbrella policy would provide liability coverage beyond the limits of the homeowner's insurance policy, offering further protection in case of a lawsuit or claim. Personal property replacement cost coverage and earthquake coverage are not necessary in this situation.

You Have the Most Popular House on the Block for the Neighborhood