In this example, Sean might use Brennan REI, Inc. for his company, but if he wants to start a website wholesaling, he might want to use a catchy name, such as "houseforwholesale.com" under his umbrella company name, rather than just brennanrei.com.

The properties may or may not be held in LLC, but they will be paired with umbrella personal liability.

If you mean protection for general liability (tenants, visitors, slip & falls), just grab an umbrella policy (~250/yr for 1mil covering ~5 properties, about 100 for each increment mils), simplest thing you can do and beats the couple thousand in fees a professional will charge you.If you want or need to do tax sheltering strategies or optimize estate distributions etc, then definitely go for a qualified accountant or attorney.

So your investment properties may be at risk if you are sued (insert LLC and umbrella insurance debate here) or or for some reason you need to declare bankruptcy, but IRAs and 401k plans are protect - but these laws vary by state.

Does anybody here have a private umbrella insurance in WI?

Should I tie the extra coverage to the house - or get a separate personal umbrella policy?

Why is it so hard to find an insurance agency that can provide insurance for 9 rentals in LLCs, umbrella policy for all of them and do this with in a reasonable cost?

And if the property is owned by the LLC and the insurance is in the LLC's name, I'd still want some sort of umbrella or other coverage to protect me personally in the event that there was some exposure above, beyond or around the LLC policy.

Just get a $1mm umbrella liability insurance policy for a couple hundred bucks a year, and you should be fine at this stage of the game.

USAA tells me that they will cancel my Umbrella coverage if I don't have all my properties and vehicles insured with them.Are there any companies that will give me an umbrella policy without having everything else with them??