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Updated about 4 years ago,
Insurance on Rental Properties. LLC protection as well.
Hi Everyone,
I need your help on insurance coverage on single family rental homes. We are buying a package of 5 homes. (We are not living in any of them) For insurance, agents are telling us its a better route to just up the insurance on each house vs getting a separate umbrella policy policy to cover the LLC we created. Should we do that or maybe even get both higher insurance and an umbrella? As a side note each partner also has their own personal umbrella policy. Thanks in advance!