Appropriate Amount of Personal Liability Insurance?

[Ryan Ellis]

Hello,

I’ve blindly been insuring my rental properties with the same insurance company I use for my personal home and auto. I need to dig in deeper to make sure I have adequate coverage. Ive been a buy and hold investor for 2 years now and have accumulated 5 sfh and 1 duplex. I’d really like to get your feedback on what is the right amount of personal liability insurance for rentals.

My current personal liability is 100k/300k per property. I’m looking at 500k per property with a million dollar umbrella. Is this enough, to much or to little?

Thank you!

Ryan