Hello all. Is it possible to have multiple LLCs under one umbrella? I was told that I'd have to get a separate umbrella for each LLC...and just wondering if that was the case. And could you recommend a good umbr...
I own multiple investment properties in my name and I live in CA (properties are out of state). Because of the moratorium of writing new business in CA I cannot leverage my "normal" insurance carrier for an umbrella p...
Trying to weigh the costs and benefits of LLC vs an umbrella policy for a long term rental? I have read an LLC can hurt your loan terms is the same true for umbrella policy. Wondering which one is safest and most cost...
I am shopping around for umbrella policies. What is the best company for a stand-alone umbrella policy? Or does anyone have a good package policy for home, auto, umbrella that they like. I need the umbrella to cover r...
If you own your properties within a LLC is it prudent to also have umbrella insurance for each individual property? I've found obtaining umbrella insurance as a business (LLC) to be cumbersome and was wondering if...
Do you have to have different umbrella insurance policies for different categories? Or is there an insurance company that will do one umbrella and cover it all?
For example:
I have one umbrella for my h...
I learned today that I cannot have a secondary market bank loan in an LLC name, so if I want to save on an interest rate as I can with a secondary market loan, I can't inside an LLC (I have to carry it with a bank int...
Hello, I currently have 5 rental properties that are each mortgaged and in my own name that I'm considering an LLC or umbrella insurance policy for asset protection.
My lender is trying to determine if that would vio...
I am finishing up my first Brrrr home and in the process of refinancing. My question is about insurance for this and going forward. I will obviously have the "normal" insurances such as property/flood and I want to ge...
I'm in escrow on a duplex, and plan on increasing my umbrella coverage. The question is how much do I increase it to? After adding the duplex my total portfolio will be:
1 duplex3 SFHPrimary Residence house hack (whi...