I have seen so many posts that recommend different types of insurance coverage such as property,  umbrella coverages,.. for STR from different providers like Proper, Foremost,.. .

My current flip is in my personal name- long story, the original plan was to hold it- but I'd like to get it under the umbrella of the S-corp when that's set up, is that possible?

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 likely to be higher, then you may consider an umbrella insurance policy.

I haven't heard of one being called due but I'm sure it has happened.Depending on the reason for transfer to llc, really good insurance such as umbrella policy is a good start and at minimum having it under a trust wouldn't be a bad idea.

Getting umbrella insurance is also an option.

@Bruce Woodruff Yes, liability, umbrella and workers compensation insured. 

In addition, I think that having some form of umbrella insurance would really help with your liability concerns.

I hold all my properties in my own name (and my wifes) and just have a huge umbrella insurance policy.  

It wasn’t all sandy beaches and umbrella drinks after that moment.

Primary lines of defense in order of importance are Insurance, Umbrella Insurance, Property Maintenance, LLC.Is anyone else aware of a BP podcast or other resources that speak to LLC related decisions?