John Travis
Premises liability versus umbrella
I’m closing soon on my first Single-Family rental home. Good chance my renter will have a section 8 voucher. At this point in the process it’s too late for me to form an Llc for the mortgage. I’m strongly advised not ...
Angelica Walker
Recommendations of Umbrella Insurances
Hi!Does anyone have any recommendations of Umbrella Insurances that I could use, to protect my first property, before getting my second loan?Thanks a lot!
Thomas Beard
Can’t get umbrella insurance
I tried to get an umbrella policy added to my home owners insurance and was denied due to a recent claim. What other insurance options do I have to protect myself from liability? Can I get an independent umbrella poli...
Paul Barber
LLC or HO6/Umbrella
Newbie Question. Why do you need a LLC? Can a HO6 and umbrella insurance policies (for condo rentals) give you enough liability protection?Thanks
Travis C.
Umbrella Policy versus LLC
Hi everyone, I have a question - strictly from a liability standpoint, which is better, holding residential rental property title in an LLC or just having an adequate umbrella policy? Has anyone ever heard of instance...
Beau Ordemann
USLI Umbrella Insurance reviews
Hey BP forum! Just looking to understand if USLI Umbrella Insurance has produced any good customer experiences for real estate investors. They seemed to be one of the few companies that will cover 5+ rental properti...
Joshua Bailey
LLC or Umbrella Policy?
LLC or Umbrella for buying 1st fourplex? Is it worth it to form an LLC or is umbrella enough for my 1st purchase. If I should start out with an LLC I would like to do so before I apply for the mortgage. Are commercia...
Nathan Frost
Umbrella Policy Limits / Requirements
Hi everyone, I am trying to figure out the best solution for covering rental properties in case of a lawsuit. I have insurance on all of them and used to do an Umbrella Policy, however, the umbrella is really pointl...
Kevin Drewett
Wyoming anonymous( umbrella ) LLC's
I am looking to open an anonymous Wyoming LLC Holding Company. The prices range from $199 for some online law firms, that may not even be a real law firm. On the other hand, it goes all the way up to $7,000 for these...
Kyle M.
Umbrella Policy - First Rental
I purchased my first rental and am currently keeping it under my name (not an LLC). I am looking to add properties at a pace of 1 per year. Would an umbrella policy be the best option to cover me? What amount should...