A bit nervous about renting out second home for the first time

[Scott H.]

Earlier this year, we bought a second home that we will be renting out for the first time in January. Unfortunately, we had to take out a mortgage on the small property, not under an LLC. I have read nothing but people saying that to rent out your place, you should be an LLC to protect yourself. Well, that will not happen before January. Now what? How can I protect myself until we can place this home into anLLC? I know, load up on liability insurance. How much? Any other suggestions? Am I worrying too much?