The insurance company was about to close their claim- without giving out the funds because the insured couldn't find anything to purchase to meet the insurance company's requirements to recieve funds.

I came across some critical information today that I think is important to share with you:In the aftermath of the LA fires, it has become evident that some homeowners’ insurance claims have been denied or disputed because the property title was held in a trust, but the insurance policy was under the individual homeowner’s name.This serves as a valuable reminder to review your insurance policies and ensure that the ownership structure on your property title matches the named insured on their policy.

Add in unexpected rising expenses, particularly insurance. 

Not one member has ever said an LLC saved them when a standard insurance policy.

You need to figure in taxes/insurance, vacancy, repair, utilities, and capex.  

This is what renters insurance is for.

I purchased flood insurance on a Zone A property in July this past year on a house that had previously flooded. 

It ultimately comes down to your willingness to take on risk and the trade-off between investment costs and the potential savings if a lawsuit arises and your insurance policy doesn’t cover the claim (e.g., discrimination, harassment, dog bites, toxic mold, etc.).When it comes to structuring your investments, there is no one-size-fits-all solution.

I would look into an umbrella policy to increase your insurance coverage on both the LLC and yourself.

Do you not have insurance?