After looking into the question of whether or not to create an LLC for our investment properties, we decided the better option for us was to simply get more liability insurance, specifically an umbrella policy to cover all properties up to a few million dollars. 

It would be a better investment of your resources to get improved coverage on the "proper insurance" you have, including an umbrella policy that covers all of your properties.I have heard of some of my acquaintances set up land trusts within LLCs to help with anonymity, but they are cumbersome and require a fair amount of money/experience to set them up.

If you’re worth more than $500k you should have an umbrella policy anyway for the liability protection.

I also looked into maybe obtaining an insurance with umbrella policy.

Currently I have an umbrella policy, and i was going to get standard rental policy quotes for insurance, but is there something else I should be looking at? 

Is it possible to have multiple LLCs under one umbrella?

Those whose rental pursuits fall under the non-passive umbrella may find solace in this tax-saving provision.

To make things easy, have them send it the proof of insurance in with first months rent.Also, would recommend 1-2mm dollar umbrella policy.I am a pretty frugal person but insurance is one thing I do not try to cut corners with.

Would you recommend getting a high liability limit for each property or should I get an umbrella policy?

I can re-structure my LLC to have more protection.I do have two rentals that I managed myself and have 2 million umbrella insurance.