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Updated almost 3 years ago on . Most recent reply

User Stats

92
Posts
51
Votes
Mel Park
51
Votes |
92
Posts

Umbrella Insurance for rentals and cars

Mel Park
Posted

Hello, I've got 3 rentals, 1 personal home - and of course, 2 cars.   These assets are spread out between 3 states.    I have $500k personal liability on the rentals and $1mm on personal house.

I'm looking at an umbrella for $3 million - - thus far I've been presented "Markel" .  I really don't know how good a company they are vis a vis paying claims, staying in business etc.  Cursory online search shows less than stellar reviews.

Anyone know a reputable company that can do an umbrella for properties that in in various states....that is a reputable insurer, or is Markel ok?  Thanks

Most Popular Reply

User Stats

263
Posts
217
Votes
Dan Travieso
  • Investor
  • Fayetteville, NC
217
Votes |
263
Posts
Dan Travieso
  • Investor
  • Fayetteville, NC
Replied

Have you spoken to an Insurance Broker? They should be able to find you a reputable carrier for an umbrella policy that meets your needs.

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