Divorce doesn’t just divide wealth; it rewrites your risk profile. Join Julie and Tyler on this episode of The Risk Rundown as they discuss the complex insurance and liability exposures inherent in high-net-worth divorces.

Far too often, insurance is treated as an administrative afterthought while legal teams focus on asset division. In this discussion, we explore why this “legal-first” approach is a mistake. We dive into the most common pitfalls, including why insurance doesn’t follow the assets, the dangers of gaps in umbrella policies, and the critical importance of keeping insurance brokers in the conversation from the very beginning.

In this episode, we cover:

• The Insurance Misconception: Understanding why insurance must be actively restructured rather than assuming it follows the assets.
• Umbrella Policies: Why these are often the biggest long-term exposure post-divorce, especially when kids are involved.
• The Titling Trap: You cannot insure an asset you don’t own. We discuss the risks of driving or living in assets that haven’t been properly retitled.
• New Relationships: The liability implications of bringing new partners into the household and the importance of updated renter’s and liability coverage.
• The “Telephone” Effect: Why cross-advisor communication is vital to prevent coverage gaps or accidental cancellations of essential policies.

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