Do I need an LLC for a fix and flip?

[Jesse Dickens]

Currently under contract on my first flip in Denver, CO. We are set to close this coming Thursday and as os now, the property will be in my name. I'm trying to figure out if it's worth getting LLC for this project. I know it's a relatively simple and inexpensive process to get an LLC, but won't the homeowners insurance that I get for the duration of the project cover me?

Thanks in advance for the help!