Legal Question in Insurance Law in Arizona

If I have a Revocable Trust do I need to carry high premiums on my car insurance?


Asked on 8/24/09, 5:39 pm

1 Answer from Attorneys

Donald Scher Donald T. Scher & Associates, P.C.

Your revocable trust does not protect you against creditors' claims. Your car insurance is your best protection against auto accidents, which may be your fault and could cause a million dollars of damage to someone. Depending upon how much you own and want to protect, I suggest that you carry high limits of liability on your car insurance to protect what you have.

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Answered on 8/30/09, 1:41 am


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