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...
Jean B.
General liability & umbrella
Hi,I am trying to figure out what coverage i need for my assets. I own several rental properties under an LLC. I have a $2M General Liability policy to cover the properties/business. Should i also have a personal umbr...
Account Closed
Insurance deductible and umbrella?
So I'm looking into ins for a 4 unit all 1 bedroom 1 bath. What deductible should I be looking at $500, $1000 or more and should I worry about contents as well. Also is an umbrella policy good as the multi family will...