
25 October 2020 | 2 replies
@Clarence Harvey For multiple properties, you can get something called an "Umbrella Policy."

29 October 2020 | 5 replies
This could end in a settlement and your insurance (hopefully you have umbrella insurance and liability for the property) should cover it.

4 November 2020 | 5 replies
Highly recommend an umbrella policy for both you and your partner.

28 October 2020 | 1 reply
Insurance: I keep $300,000 liability on each house and a $1 million umbrella policy over all of them.3.

28 October 2020 | 1 reply
But, at least everything will be under the LLC "umbrella" and you get have your limited liabiilty / asset protection.You really should discuss with some qualfied professionals (legal and accounting both) about what works for you two.
29 October 2020 | 0 replies
I'm debating if its worth transferring the property to the LLC and paying the transfer tax or keeping it under my personal and taking out an umbrella policy.

2 November 2020 | 18 replies
You also want to add this house to your personal umbrella policy while you own it.

2 November 2020 | 3 replies
Don't bother, just have good umbrella insurance.

4 November 2020 | 1 reply
Get an umbrella policy

21 January 2021 | 5 replies
I would recommend carrying a $1M umbrella insurance policy to protect yourself.3.