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Results (8124)
Lisa Ngo Umbrella Policy for Out of State Rental Property
6 December 2024 | 11 replies

Hello everyone. I am currently house hacking my primary residence in California and just bought a rental property in Indiana.  I tried getting an umbrella policy to protect myself in case something happens but was den...

Shahbaz Yousaf Advice for LLC and Umbrella policy
26 August 2019 | 4 replies

I have 4 rental properties. I have umbrella insurance by Geico. The properties and umbrella insurance are on my name. I was advised to create LLC for asset protection. My question is:  do I need to transfer my propert...

Kimberly H. Umbrella provider for LLC houses??
6 December 2013 | 8 replies

So, my umbrella insurance provider won't insure my houses now that they know they are held in LLC. The insurer who insures the houses is ok with them being titled in LLC, but also can't do the umbrella policy for h...

Mary Joe Typical cost of umbrella insurance $2M-$3M in NY, FL elsewhere?
24 April 2022 | 7 replies

Hi All, what is the typical cost for your umbrella insurance in NY, FL or whatever state you are in for $2M or $3M + policy?  Everybody here is saying umbrella policies are very affordable. 
I am starting to wonder i...

Marco G. Multiple Umbrella Policies for Different Properties?
10 June 2015 | 10 replies

Has anyone considered getting two or more umbrella policies from different carriers to get around the rental property limit?  If the policies specifically include/exclude properties, why couldn't you just get two or m...

Scott Mac How Does an Umbrella Insurance Work
21 February 2023 | 5 replies

So many in here seem to like Umbrella Insurance compared to an LLC.
I'm an LLC guy, but I have some questions about your experiences with Umbrella Insurance.
Both owners and Insurance Sales Experts are invited to co...

Jeremy Benezra Do you have an umbrella policy
22 November 2018 | 3 replies

Hi everyone,My company is an LLC and a licensed general contractor. I was a contractor before I became an investor.I obviously hold a General Liability policy and I also have a personal umbrella policy.  I'm looking i...

Edward Adams WHAT IS AN UMBRELLA POLICY?
29 March 2021 | 2 replies

I keep hearing if you buy property under your name put them under umbrella policy, what is an umbrella policy? 

Kyle Joseph How do you protect yourself when buying <5 unit property?
8 September 2019 | 8 replies

For those that have purchased a rental property 2-4 units, how do you protect yourself from liability given that you cannot purchase the property with an LLC using a conventional loan?  Do you use an umbrella insuranc...

Dave Blackman New Investor - need another umbrella?
31 October 2016 | 15 replies

Hi there,I currently own a primary residence in California, and am closing on two SFH's in Missouri -- I have a Umbrella policy in place to cover beyond my homeowner's insurance for my primary home in CA, but my local...