Personal liability insurance
Started by bobnay
about 13 years ago
Posts: 74
Member since: Oct 2011
Discussion about
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My wife and I are co-purchasing a unit together with my kid. The co-op application says that each applicant needs personal liability insurance of $500K coverage. First, is this a usual requirement for a co-op? Second, my wife and I have an umbrella policy and it includes all family members. Will this suffice or do I need to get an additional policy for my son? Thanks for your help on this. Bob