Nomad Insurance?

[NoMoWork]

Hey y'all.  I was having trouble sleeping the other night and while reflecting life (worry session) I started thinking about my family's current situation and insurance came up.  My family and I sold about everything we have to relocate to an international job assignment.  We dropped all of our US insurance policies (not really by choice) and picked up an insurance policy at our current location to cover our items.  Anyway, what kept me up, is that I started thinking about what is protecting our US assets from a potential lawsuit (wild international night and I... or my kids...).  Has anyone been in this situation?  Any recommendations to protect assets from a devastating lawsuit?  Thanks!

[ROF Expat]

What assets do you have in the US and what are the risks?

It is hard to answer your question without details, but if you own property or rent it out in the US, or own a business there, you will want to have liability coverage.  If you are planning to drive a car in the US, you'll probably need some liability coverage.  Does your international work involve any potential for a lawsuit?  Might someone choose to bring a suit in the US?  If so, you should consider professional liability insurance. 

I am a long term resident overseas, but still have considerable assets in the US and rent out my home there, so I keep the same levels of insurance that I would have if I lived in the US, including an umbrella policy. 

[reeshau]

My ex-pat policy was a bundle of car, home (renter's) and umbrella.  Your current policy might have that, or your carrier may offer it.

Umbrella coverage without underlying home and auto is rare in the US, but you can find it.  If you do, make sure its claim minimums are covered by your other policy.