Umbrella policies and LLC

[Curtis M.]

Hello everyone,

I'd like to get your thoughts regarding an umbrella policy or llc. I have a personal residence in Denver that I rent out while I am away for work. We have a standard landlord policy on the property now with a tenant that has been in there for two years and I'm wondering if its worth adding an umbrella policy or switching the house to an llc? 

I understand the llc could trigger the due on sale clause which is only 40k so it would not be the end of the world but I am eventually planning on moving back to this residence one day. So if I plan to move back into the residence would it be best to go with an umbrella policy or the llc or both? 

Thanks,

Curtis