Good insurance, particularly with an umbrella liability policy provides very adequate protection on smaller assets. 

One thing you may want to consider is some sort of umbrella insurance - that might be a cheaper option, I'd price out bother.

Generally speaking solid insurance and a good umbrella policy will provide ample financial protection for most liabilities.

Best course of action here is to make a WY Umbrella LLC that owns the CA and any future LLCs.2.

Though USLI, one of the biggest umbrella policy providers, dropped my max coverage to $1M because I had pools.

Does anyone have a personal experience where they were sued for such an amount that umbrella insurance kicked in?

Regardless of which state you choose, be sure to maximize your liability on your renters policy and get an umbrella - this will protect you more than any LLC will. 

That’s what I’m talking about.. having people on the ground who know their turf and can spot trouble before it smacks you in the face.From what I’ve heard, outfits like Northwest Preferred Property Management or Umbrella Properties in Eugene aren’t just running the numbers.. they’ve seen the weird mid-season repairs and the tenant personalities you’ll never read about in a textbook.

By gradually optimizing operations and reinvesting in infrastructure, the endowment can support more affordable housing options without destabilizing the market or alienating investors.Currently, we’re integrating three plumbing companies under our organization’s umbrella.

Insurance would cover it, I would pay the deductible, and no assets would be lost.If you are in an area like San Diego where people are more likely to sue, a judge is more likely to find you guilty, and the payout is expected to be higher, you may consider an umbrella insurance policy.