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What Is An Umbrella Policy & Why Is The Cost Skyrocketing?

Rental Housing Journal

There has been a 45% increase in $1,000,000 umbrella insurance claims opened in 2032 compared to 2021, according to insurance provider USAA. We live in a very litigious world; attorneys are more aggressive than they have ever been, and did you know there are organizations that fund lawsuits? DO YOU NEED AN UMBRELLA POLICY?

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Landlord Ordered to Pay $80,000 Over Threat to Call ICE On Tenants

Rental Housing Journal

An Illinois court has ordered a landlord to pay more than $80,000 for threatening to call immigration authorities (ICE) on a tenant couple who rented an apartment from him in 2020, according to reports. According to the lawsuit, the tenant family rented a basement apartment from Contreras and his wife beginning in 2017.