Do you carry a businessl liability policy for your LLC?

[Account Closed]

As the subject says I was curious what insurance products flippers are carrying for there LLC? My insurance agent recently seemed appalled that we are not carrying a business liability policy. Generally with our flip properties we are insuring them with additional coverage that has a one million liability policy for injuries uninsured contractors etc etc. Do you find this to be enough or are you carrying additional insurance to protect yourself?

[Derek Lacy]

I'm going to guess he's appalled because that additional policy probably does not cover what you think it does. Usually a $1,000,000 liability add-on excludes worker injury (which would be uninsured contractors).