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Updated over 9 years ago, 08/06/2015
Should I get Umbrella Policy with 1 rental that already has 1mil liability?
I'm looking at purchasing my first rental, and I've gotten an insurance quote that includes 1mil in liability for the property. Should I also get an Umbrella Policy, or do you think I can hold off until I have at least 2 properties?
I know there are a lot of ins and outs to it, just looking to get a general idea from more experienced investors.