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