Move up from $1M when any of these are true: your reachable net worth plus five years of after-tax income exceeds $1M, you own rental or short-term rental property, you have a teen driver, you own a boat or PWC, you are a landlord or licensed professional, or you live in a nuclear-verdict-heavy county (Fulton/DeKalb/Clayton/Gwinnett in Georgia, Orleans/East Baton Rouge/Jefferson in Louisiana, Miami-Dade/Broward/Orange in Florida, Davidson in Tennessee, Mecklenburg/Wake in North Carolina). Each additional $1M above the first typically adds only $75 to $215 per year — one of the best marginal values in personal insurance.
In practice, most Southeast households are underinsured at $1M once teen drivers, rental property, or business ownership enters the picture. Worked examples for moving from $1M to $2M or $3M are in the Mississippi, Louisiana, Florida, and Georgia guides. Also see Alabama, Tennessee, and North Carolina. For a broader industry view on rising limits see the III.org umbrella cost guide. Reprice at higher limits at bridgewayins.com/quotes or call (877) 418-2484.
