LLC or Increase Liability Insurance Policy

[Shan Vincent]

I've been considering putting our properties in LLC's using a land trust set up. My accountant mentioned that we could just increase our liability insurance policy instead of paying the fees every year for the LLC's and the accounting that go along with them. I live in CA. Even if I do my LLC's in Wyoming, I will still be on the hook $1150 per LLC per year to cover the California fee and the accounting. What would you do?