You've worked a long time and have built substantial wealth. You want to enjoy the better things in life. Hey, you deserve to! Just be aware that nice things come with a price other than sticker price... Auto accidents are the biggest reason for large claims. You are much more likely to be involved in an auto accident and lawsuit than a personal injury lawsuit occurring at your home. I hate to break it to you, but there are people out there that may look to take advantage of you if you are involved in an accident.

Soft tissue injuries can be hard to prove, and are the injury of choice for most insurance fraud claimants. When you start adding up medical bills, ongoing treatment, loss of income, loss of consortium, etc, what seems like a very small accident can be thousands to hundreds of thousands of dollars in damages. Of course, most injuries are legitimate, and most people are not criminals looking to commit insurance fraud. However, some might think you have deep pockets and/or plenty of insurance coverage depending on the car you drive. So, if you are driving that new Mercedes or Tesla that you worked so hard for, you may want to carefully think twice about a personalized license plate that could put even more of a target on your back (or bumper). 

Sometimes its surprising what people will put on their plates, but here are some examples of of what NOT to say:

Not that you would ever put these on your plates, we are just emphasizing the point of how a personalized plate could be used to target the owner for a lawsuit. If you are involved in an auto accident, pull over safely, notify authorities if there is any sign of bodily injury, exchange information in a cordial manner, take photos with your cell phone and report the claim when you are in a safe place to do so. You do not need accept fault, just get the information, report the claim and let the insurance carriers take it from there. Brown & Brown has been assisting its' affluent clientele with personal insurance for decades. Remember that a personal umbrella is very affordable and effective for extra protection. You can read more about umbrellas from our past entries. If you have any questions about how to best protect yourself and your family, please contact us