The money is a little more expensive because you can't borrow with the backing of Fannie Mae and Freddie Mac, but your personal assets are safe.Some folks just get a large (like 2 Million +) umbrella liability policy and are happy.Stephanie

Combine that with umbrella policies, etc. and I think it is always best to be very transparent with these things.

RE, but ideally its best to have both as part of your overall umbrella investing strategy.

Hello,As a workaround, I bought an umbrella insurance policy that covers 5 million (~$1200/year) which covers all 4 of my properties plus 2 of my cars. 

In these cases, a legal structure is formed under the umbrella of the plan, and you then use that entity to hold funds in a bank of your choosing and directly engage in transactions without 3rd party intervention. 

Is there an umbrella policy that will cover us house flippers?

Get an umbrella liability policy to cover any liabilities that may occur. 

I took the route of adding an umbrella policy.

I guess buying more coverage on an umbrella is the only viable solutionOriginally posted by @KJ L.

Jeff, this is another of the many areas under the umbrella of real estate investing.