How to insure yourself (as homeowner) against liability lawsuits

[Benjamin Cowles]

I don't currently have insurance, just a bunch of mail pieces from local Co.'s I've yet to look i into, and have never bought insurance so I've not a clue how it works but recently been having people over for different work I need to be done and I just need to figure out what the risks are and how to minimize if not eliminate them. As far as the "work" the most potentially dangerous /risky I suppose would be interior renovation not including anything requiring a permit or ladder. And I got four huge coconut trees that occasionally drop bombs randomly in the front of the property. That's as far as I can imagine pertinent off the top of my head lol. What precautions at min should I take?

[Alex Vasquez]

I always open LLC's for any new property I purchase. This is a great umbrella to help avoid any lawsuits that are targeted at you personally. People can sue for anything now a days (and typically will) but at least forming an LLC can buffer unnecessary personal losses.