LLC for one property?

[Toan Pham]

I know the general consensus is that you should have an LLC for protection but I was wondering if anyone decided to forego an LLC (for maybe an umbrella policy) when they had a single property? I'm in California so LLC fees are $800 annually I believe, not to mention any associated lawyer fees to set it up. Does anyone have experience with an alternate route when they had a single property? I know an umbrella policy has a lot of risks as well and could be just as costly but I'm just trying to explore as many routes as I can.