Regarding the injuries to uninsured workers you hire to work on your properties or others, you would need Work comp coverage. 

Strong disclaimer was my biggest rule- waiving of inconvenience, injury, loss of property, etc.I would have your daughter rent from you as the master tenant-- then the roommates rent under her.

Please note citation details below:Docket No: xxxxxxxx LO Section 301.3.1 (Lead)Exterior ConditionsDocket No: xxxxxxx LO Section 301.3.1 (Lead)Exterior ConditionsPlease take further notice that pursuant to the 1874 Pennsylvania Constitution (as ratified without subsequent amendments) Article 1 Section 10: “No person shall, for the same offense be twice put in jeopardy of life or limb nor shall private property be taken nor applied to public use without authority of the law and without just compensation being first made or secured.”The taking and injury of private property must be compensated.

Especially when out on the field I see a bigger opponent (the market) that can inflict serious injury.

However, for a judgment greater than $2.5M (say, $5M -- not unrealistic for a serious injury or death), I would lose everything in that scenario because the judgment creditor could come after all of the assets in the LLC after the umbrella policy caps out.

I see property claim denials on occasion when a landlord wants to treat their insurance policy as a deferred maintenance policy but I have not seen a bodily injury or property damage claim denied.

Lastly, Fraternities carry their own national insurance which at times can cover a lot of personal injury ON your property.

LOLIn my area of the country, THERE are so many Personal Injury Lawyers, with Hugh resources to sue, THEY would basically make anyone cave and pay just to get out of a lawsuit (not worth it).Here's another read on 'How Landlords get sued' - - - #1 reason DOG BITES!

The exemption isn't for damage, it is for "bodily injury."

The insurance should cover:Bodily injury to you, your family or visitor's of the property.Any accidental damage to your property.Workman's compensation for injuries to the contractor's or subcontractors employees.​Has The Contractor Ever Had Legal Issues?