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All Forum Posts by: Robert F.

Robert F. has started 4 posts and replied 11 times.

Post: Do I need an umbrella policy??

Robert F.Posted
  • Posts 11
  • Votes 2

I am a first-time home buyer. The property is a duplex and it will be my primary residence once tenants clear out. The current landlord is giving lease termination notice before I close I plan to rent the upstairs apartment to current or new tenant.

Do I need an umbrella policy or will homeowners insurance be sufficient? Also, is there any reason I would need to establish an LLC?

If there are any PA brokers looking for business, please message me. I would love to have a conversation about my situation to ensure I’m adequately covered but not paying for anything unnecessary.

Thanks in advance!