Is it worth it to get excess liability coverage to bridge the gap and then get umbrella?

I call BS.As a side note, in my corporate job, I have customers whose budgets are in excess of $100,000,000. annually.

You may wish to confirm that the new 401k provider will handle the ongoing compliance support such as any required 5500 filing (e.g. 5500-EZ for a one-participant plan with assets in excess of $250,000), any required tax reporting (e.g. 1099-r in the event of a distribution or in-plan Roth conversion), mandatory plan updates and amendments, etc.4.

Many people just want the simple convenice of having gas, electric or fuel oil.

I am brand new at this, but find that we have equity in our rental in excess of $150K due to crazy California markets (Lease is up in January 2022, year ONE of our property being rented out). 

@Brian Eastman - great point - thank you for clarifying...I work with investors that utilize self-directed ira investing for occasional flips, but their volume is not excessive.

All of these properties are owned free and clear and the overall value is in excess of 7 figures - how big of an umbrella policy is wise with this sort of scenario?  

Such as, if the house has hazardous waste or next to a waste dump, on a slope where records show there are slides, maybe a underground tank that is full of fuel that is never disclosed.

I heard line once that made a lot of sense: "Real Estate is local, but credit is national" When credit flows easily it fuels speculation across all markets.

You could also have water sensors, either to detect excessive water usage (such as leaking supply line), or water on the floor (next to a water heater, or on a lower level, etc.).