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Updated about 5 years ago on . Most recent reply

Quentin Brown's profile image
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Quentin Brown
  • Member since Nov 12, 2019
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Quentin Brown's profile image
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Quentin Brown
  • Member since Nov 12, 2019
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Quentin Brown
1
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39
Posts
Starting Out

Insurance information For llc

Quentin Brown
Posted

I'm brand new and getting everything in order. I just got my LLC through legal zoom.

I'm going to be doing flipping and renting. Do I need business insurance?

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Joseph Firmin's profile image
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Joseph Firmin
  • Rental Property Investor
  • from Smyrna, GA
  • Member since Oct 9, 2018
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Joseph Firmin's profile image
Joseph Firmin's profile image
Joseph Firmin
  • Rental Property Investor
  • from Smyrna, GA
  • Member since Oct 9, 2018
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Joseph Firmin
  • Rental Property Investor
  • Smyrna, GA
645
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974
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Joseph Firmin
  • Rental Property Investor
  • Smyrna, GA
Replied

If you're new, no assets, then just go for an expanded umbrella policy IMO. With limited exposure, you should be OK until you scale up, but call up your agent and ask for their opinion as well.

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