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Updated almost 11 years ago on .

C Niman's profile image
C Niman's profile image
C Niman
  • Rental Property Investor
  • from Pennsylvania
  • Member since Aug 31, 2012
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9
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C Niman's profile image
C Niman's profile image
C Niman
  • Rental Property Investor
  • from Pennsylvania
  • Member since Aug 31, 2012
Connect
C Niman
  • Rental Property Investor
  • Pennsylvania
0
Votes |
9
Posts
Insurance

LLC and insurance

C Niman
  • Rental Property Investor
  • Pennsylvania
Posted

I have my LLC separate in every way except insurance. I have a rental property (LLC) attached to my homeowners policy and I'm wondering if this will be a problem if I should get sued. To save money on premiums, I pay only $10 per year to carry liability on my rental property. Is this a mistake? Thank you in advance, any help will be appreciated.

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