7.    “I do not need more protection I have plenty of insurance. “
This is really crazy! Insurance is very important but as the only tool it may attract more lawsuits to you. Plus if you are hit with a suit towards your insurance limits do not expect the insurance company to overnight you a check the next day. If you have a $1 million policy and a $950,000 claim, you may see the insurance company’s attorneys before you see any check. You may get paid, and you may not, why take this risk as your only line of defense.