LLCs, Insurance, and Commercial Umbrella Policy

[Roshael Reece]

Scenario: Today, I have 5 properties covered under a personal umbrella policy. The carrier has informed me that I can no longer add any additional properties under the umbrella policy and I should look into a commercial umbrella policy.   2 of the properties are in an llc.   Question #1:  Do you have a recommendation of a a good commercial umbrella policy? Are all of your properties required to be with this same carrier?  Question #2:  Should all properties be placed under the llc?  Then you place a commercial umbrella policy over the llc?  Thanks, Roshael