I Need to Get Umbrella Insurance for my Portfolio-Advise Please

[Aaron Smith]

Hi, I am getting ready to be up for renewal of my general umbrella policy that I have in place across all of my rental properties.  My local insurance broker I have used for this umbrella does not have options to alot of commerical lines/carriers for this so I thought I would reach out here.  I am currently with Berkley Insurance for the umbrella and I feel the annual premium is WAY higher than people talk about having to pay for umbrellas on here.  I have reached out here in the past but had no luck because none of the insurance agents could help my specific case.

Here are my specifics:

1) I am looking to have somewhere between a 2 -5 Million umbrella policy, which will be on top of all my primary policies that all have $1,000,000 of general liability on them each.

2) I have a total of 39 doors and 32 properties.

3) 31 of the 32 properties are owned in my name and have a residential policy from Erie Insurance on them (I will not be switching out/modifying my residential policies to a business or commercial policy, so that is a non-starter). The 1 property of 32 owned in my LLC is a beach property with a private pool that is only insured by the NC JUA since no private carriers will insure oceanfront in my area. One other property is a mountain house that will be used as a short term/AirBnB rental as well as a second home.

Feel free to direct message me or ask here for more info.  All properties are in NC.  Thanks.