Insurance versus an LLC

[Hagay Yunger]

Hi, 

I am a relatively new Real Estate investor. I know that many investors form an LLC in order to mitigate a potential liability in case of a lawsuit. The question is – is there a type of insurance that covers/mitigates this in an equivalent way as an LLC does?

The reason for this question is that if I'm planning to have several properties ( and I do :-) ) I will end up eventually with multiple LLCs which I'm not sure I would like to.

Also, what would you recommend to have in a standard insurance, as a landlord?

Thank you!

Hagay