I am trying to decide if it should be placed into an LLC for increased personal asset protection, versus only having an umbrella insurance.

You would just need an Umbrella insurance to cover all of those properties.

I will also be discussing whether or not I should put my rentals into an LLC name to limit exposure, or put an umbrella policy on all of them.

Paste this into a Google search and read the first couple of threads:site:www.biggerpockets.com delayed financing ruleYou can keep it in your names with adequate liability insurance protection ($2mm+ umbrella), deed it to your LLC after the fact (very common), or deed to a land trust with your LLC having a beneficial interest (less common and more expensive, but better Due-on-Sale protection reputedly, as transferring to a land trust is not considered a "sale", and the granting of a beneficial interest to the LLC is not a public disclosure).

No...I don't work for the gecko, but you get my drift.And for the love of whoever you worship, PLEASE make sure you have at least $300-$500k in liability PER PROPERTY as well as an umbrella policy.  

Oh just started our LLC even though we got umbrella insurance.Happy hunting fellow investors!

IF I form an LLC and get a personal umbrella policy will that umbrella policy still protect and or pay out to a claim thart was made on a property held by my LLC?

$800/year can get you a $2M umbrella insurance.

Landlord insurance only.Would like to get a feel from other experienced investors here on what companies you use for homeowners insurance and possibly umbrella insurance.

This fits under the great relationships umbrella that J mentioned above, but for me, the partnership has been absolutely critical in achieving the growth we have over the last 2 years.