I’m self employed (gardening business) and have 4 employees and I have lots of customers. I’m getting a homeowners policy but I’m wondering if I should get 300K or 500K personal liability coverage. Will this coverage also cover me if someone or my customers tries to sue me? For example, I heard if my kid was at the park and if something did happen and he injured someone personal liability should cover it. So would it also cover my business if anyone sues me? Someone recommended a umbrella policy but what is that exactly and what does it cover? How much would it cost?Because I won’t have a lot of income left after my two mortgage payments and miscellaneous expenses (including business expenses). thank you in advance.

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I’ve never had a insurance agent ask me for this before, and I just wanna make sure there’s no disadvantage to doing this.

I’m getting homeowners insurance and an umbrella policy. The agent just said he wanted to look at the property management contract to see who is reponsible for what so he can see how much insurance I need.

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