General Liability Insurance- Florida

[Debra Mittleman]

I am in the process of buying my first duplex the closing is tomorrow. Based upon advice from my attorney, I started an LLC and am putting the property under the LLC. I called my insurance agent to tell him I am closing tomorrow and that I will be moving forward with the insurance he had quoted to me. The problem is this: All of the companies he works with will not provide liability insurance for an LLC. They will cover the building, contents, etc. but no liability. He told me to shop for a general liability policy. I have made a couple of calls and was shocked to get quotes for $1000/ per year. On this site I have seen many investors state they have general liability coverage for about $150 a year. Please send the names of some companies I should contact for more reasonable liability coverage.