Of course not, but they know they're under our umbrella, and that if they need us, we'll ALWAYS do the right thing.

I'd recommend instead of getting a LLC, just make sure you have umbrella insurance coverage.

You can also buy in your name and get an umbrella policy.

Do you form separate LLC's for each property with an umbrella/parent LLC?

That’s why you’d better off with an umbrella policy. 

Destination-specific things like beach chairs/umbrella, beach cruiser bike are also helpful since most probably don’t travel with them to begin with. 

2) Regarding insurance: would the owner then have a homeowner’s policy for the original primary residence house, and then a landlord insurance policy (and subsequently landlord umbrella insurance) on the ADU?

2) Regarding insurance: would the owner then have a homeowner’s policy for the original primary residence house, and then a landlord insurance policy (and subsequently landlord umbrella insurance) on the ADU?

I think it interesting the lenders (mostly F/F) mandate insurance, but not earthquake insurance even when you are close to significant earthquake faults.It is my personal view that if a big enough earthquake hits that it causes significant damage to many homes that it would be declared a disaster and cheap loans and options are likely to be available.It really is a calculated gamble.I have a fairly large umbrella policy.  

Normally purchase SFH rentals, but am in the process of purchasing a fourplex and the quote I received has been way more than expected.Also, while we are in the topic of insurance, any good recommendations for umbrella insurance?