Landlord/Umbrella Insurance

[Jeff Wang]

Hello,

I have one investment property which is a SFH. I have the option of going with a landlord policy with $1M in liability coverage. I can pay $300 more per year to get that to $1.5M using the umbrella/excess insurance policy. I'd like to keep it simple by only getting the landlord without the excess but I'm not sure how much is enough.

Please advise.

[Troy Fisher]

http://www.claimsjournal.com/search/?q=landlord&o=date

Is a great reminder of the reasons that we want to carry enough liability for our assets. I am not affiliated in any way with claimsjournal.com. As I move up into larger properties you can bet that the amount of umbrella coverage is going to go up significantly.