Have you ever used your umbrella insurance policy?

[Nathan Gesner]

I’m curious to hear from private real estate investors who’ve faced unexpected insurance claims and were protected by an umbrella insurance policy.

We often see discussions whether investors should use an LLC or an umbrella insurance policy. I have looked for examples of landlords that were protected by their LLC and always come up empty handed. It occurred to me today that I've never asked about umbrella insurance claims.

I’m particularly interested in real-world examples where this type of policy came through during:

• Property damage (fires, storms, floods, etc.)
• Liability claims involving tenants or third parties
• Major unforeseen events

If you’ve ever had to file a claim and your umbrella policy saved your bacon, I’d love to hear:

1. What happened? (The claim situation)
2. How did the umbrella policy protect you?
3. Any lessons learned or advice for other investors?

These stories can help others make better insurance decisions before they need it. I appreciate any insights you can share!