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Updated almost 3 years ago on . Most recent reply

Jared E Cummings's profile image
Jared E Cummings's profile image
Jared E Cummings
  • Member since Oct 8, 2018
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Jared E Cummings's profile image
Jared E Cummings's profile image
Jared E Cummings
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Jared E Cummings
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Personal Liability Coverage

Jared E Cummings
Posted

I am purchasing my first short term rental property and am wondering if $500k in personal liability coverage will be enough or if I should go up to $1M? Had an issue with being able to transfer the mortgage to my LLC (which thankfully the lawyer caught as it would have really been a bad situation), so I am relying on liability coverage to protect myself and my personal assets.

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