If you need more coverage, you can usually increase the liability amount on your current policy.

He doesn't understand how to have insurance coverage, he doesn't use title reports when taking on lenders, he promotes wholesaling Subject Tos, and yes, he gets the Due on Saletotally wrong. 

Deed holder should maintain builders risk and general liability coverage as additional precaution, although the hope is to never have to rely upon the coverage. 

This is a recent decision where a title insurer denied coverage to an insured owner who had been named in a suit to rescind the deed into the insured. 

If your insurance coverage isn't enough, they could seize the LLC assets, but not your personal assets.Additional thoughts:1.

The most important thing is liability coverage. 

Thanks for sharing, it definitely makes me feel better about just having a 2 million dollar insurance coverage. 

I am sure they know which carriers (though they may be non-standard and pricey) are still offering coverage there.

If there wasn’t damage coverage by the state, I would be much more hesitant. 

An umbrella goes over the liability end of coverage only.