![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/125538/small_1692401227-avatar-mat10686.jpg?twic=v1/output=image&v=2)
5 January 2013 | 23 replies
An LLC can accomplish that but he advised an umbrella policy instead.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/186761/small_1621431845-avatar-davechw.jpg?twic=v1/output=image&v=2)
12 June 2014 | 7 replies
Why not just buy a large liability umbrella policy from your insurer?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/173111/small_1621421496-avatar-mill3417.jpg?twic=v1/output=image&v=2)
28 January 2014 | 12 replies
I want to create profitable opportunities for everyone and create enough of an umbrella so that my end buyer is cover if these unprojected problems do arise.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/85099/small_1621416123-avatar-dackerman21.jpg?twic=v1/output=image&v=2)
12 August 2012 | 11 replies
I have a $2,000,000 umbrella property for all these properties.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1171285/small_1621509837-avatar-brianb521.jpg?twic=v1/output=image&v=2)
27 June 2019 | 7 replies
I was quoted $300/year for a $1m umbrella policy for 3 houses (2 rental) and a car.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/600242/small_1621493522-avatar-jordann11.jpg?twic=v1/output=image&v=2)
29 July 2017 | 7 replies
Should I close the business checking account, abandon the LLC, altogether and just go with the umbrella policy approach?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/579969/small_1621493050-avatar-claytons10.jpg?twic=v1/output=image&v=2)
7 January 2019 | 4 replies
You could start a property management company and hire a managing broker to fill that spot or get your license and hang it at a place that will allow you to start a property management company under their umbrella.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/746797/small_1621496589-avatar-juliar18.jpg?twic=v1/output=image&v=2)
1 October 2017 | 9 replies
I have an LLC, but I waited until I had 2 properties to do it and beefed up my umbrella policy in the meantime.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/369840/small_1621447170-avatar-gaege.jpg?twic=v1/output=image&v=2)
8 November 2016 | 6 replies
I'm assuming this means they are aligned with each other or possibly operate under the same umbrella company?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/201272/small_1621432810-avatar-5yrsleft.jpg?twic=v1/output=image&v=2)
24 June 2019 | 4 replies
We've done some research on umbrella insurance policies, LLCs, etc but I'm having a hard time deciphering the advantages and disadvantages of each strategy.Thanks!