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Updated over 5 years ago,
single umbrella policy to cover all investment properties
Hello, wife and I have been shopping for insurance policies for new rental condo. Property manager wants to be put on a 1 million dollar liability policy.
Is it possible/good idea to get lower liability insurance policy on each property and then get an umbrella policy that covers 1 million liability of every property we own, and add property managers to that same policy if they require?
thanks