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Updated over 4 years ago, 07/04/2020
Nathan GesnerPoster
Property Manager
Agent
Pro Member
- Real Estate Broker
- Cody, WY
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Have you every been sued as a Landlord?
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
The DIY Landlord
153 Reviews
4.7 stars