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Updated almost 8 years ago,

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1
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0
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Julian Semer
  • Real Estate Investor
  • Skokie, IL
0
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1
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Insurance and LLC? (Insurance Quote Feedback and Advice)

Julian Semer
  • Real Estate Investor
  • Skokie, IL
Posted

Hello,

I am a new buy and hold investor in IL, and I recently closed on my first SFH. I have insurance on the property, but I am wondering if its sufficient to bypass the need for an LLC at this point in time. I've looked around the insurance forums and I've found great information, however I am wondering if I can get some feedback/advice regarding my insurance quote below.

  1. Is my coverage sufficient for a SFH from both a liability and casualty perspective?
  2. Additionally, will this insurance provide me with the same level of protections as an LLC?
  3. Any other feedback is greatly appreciated.

Thank you in advance, I appreciate it.

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