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Updated over 7 years ago,
Getting insurance for an LLC
I was in the process of changing all of my rental properties into a LLC. However, I did not realize the hassle in dealing with the insurance companies. Some companies will add the LLC as a second insured and others will not. The cost of the insurance under the LLC is also more expensive and some with not provide the liability and hospital coverage. Then I was told I could keep them in my name and do the Umbrella policy. Which way is the most cost effective, provides the best protection and is easiest to manage?
Thanks!