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Updated over 4 years ago, 07/04/2020

User Stats

27,518
Posts
40,475
Votes
Nathan Gesner
Property Manager
Agent
Pro Member
  • Real Estate Broker
  • Cody, WY
40,475
Votes |
27,518
Posts

Have you every been sued as a Landlord?

Nathan Gesner
Property Manager
Agent
Pro Member
  • Real Estate Broker
  • Cody, WY
ModeratorPosted

So many people ask about setting up an LLC or purchasing umbrella insurance to protect their assets from a lawsuit. I personally think the risk is exaggerated and these protections aren't as necessary as one would think, but I would like to hear what others think.

I know this is anecdotal, but please answer the following and share only your personal experience.

1. Have you ever been sued by a renter or their guest?

2. If so, what was their claim (deposit, injury, etc.)

3. Did you lose?

4. If you lost, was your loss covered by insurance?

  • Nathan Gesner
business profile image
The DIY Landlord
4.7 stars
153 Reviews

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