.- Owning a business allows you to write-off your cell phone, supplies, dining, mileage, car/truck, umbrella insurance, your CPA fee.- Your vacations and related expenses can be tax deductible too.- Your BP membership can be tax deductible too.  

Just curious... why not just get Business Liability Insurance and an Umbrella Policy?

The best way to protect yourself from liability is to have an umbrella liability policy. 

I also carry a umbrella policy on top of myself for a few hundred dollars a year for extra protection.

I have a friend with a few properties who bought in his name with an umbrella policy.

Does anybody get the general liability policy as well or just use an LLC or umbrella policy? 

While we aren't in MS one way we've saved is to have Fire etc. on each structure but one (1) liability umbrella policy that covers all properties vs. liability on each. 

For the past several years I've owned the same single family home as a rent that had its own liability insurance policy and I carried my own personal umbrella policy.

Plus if you don't have a huge amount of assets say $500k net worth it's probably fine to just get an umbrella policy.We have several Chicago attorneys that could help feel free to reach out for contact details.

If she had adequate insurance and an umbrella I don't believe she could have lost everything.