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Updated almost 3 years ago,
General Liability insurance on STR
I attempted a search but couldn't find a good answer. Those of you that have STR's under an LLC, do you have general liability insurance on your LLC? My bank recommended it but I hadn't heard of it specifically before. I have the property insured for rentals and have an umbrella policy on myself, but he explained if someone sued the company for whatever reason that bypasses the property I would be exposed. Does anyone have experience with this?