Michael Palmer
Umbrella Policy $3 million to $6 million in coverage
I currently have a $2 million umbrella policy and would like to get a policy that will cover me in the $3 million to $6 million range. I would like to know if anyone could recommend an insurance company along with a p...
Reinhard Kurzen
Personal Umbrella Policy and an Apartment in an LLC?
Hello,
I just purchased a 26 unit and its in an LLC. I have all of my other 6 units insured separately but also added to a personal umbrella policy. Can I also add the 26 unit to this personal umbrella policy or is ...
Jose Ramirez
Do you have umbrella insurance for investments property
I wonder if anyone can give me your feedback on umbrella insurance State Farm called me and told me that I should open a umbrella policy for my rental properties
Fabiola F.
Land trust vs umbrella policy
I own a vacation rental property that I had to quit claim out of my LLC into my name when I did a cash out refinance. So for asset protection & anonymity, I'm considering transferring the property into a land trus...
Kent Boring
Landlord Insurance for Home in LLC
Me, my dad, and brother formed an LLC earlier this year specifically for real estate investing. We are closing on a home EOY and need insurance. I'm running into the issue that insurance companies don't like to quote ...
Ed Hoffman
Using a Quick Claim Deed or Warranty Deed to Transfer property from Personal to LLC
I was told that if you purchase a property using a conventional loan (mortgage in your name), that within a month or so after you purchase the property, you can use a Quick Claim Deed or Warranty Deed to transfer the ...
Cody Smith
When should I worry about asset protection?
Hello BP community! I was given some new advice yesterday that I'm not sure how to take. I spoke to a financial advisor for the first time, and throughout our broad conversation, one of the main points he hit on was m...
Nanilina Yui Gvizni
Property liability protection portfolio structure?
How do you guys have structured your rental portfolio? I want to know how i am suppose to start. Should i get a umbrella policy for ever rental property? 1 umbrella 1 property?Or to have 1 Rental property with 1 LLC e...
Gerardo Waisbaum
Umbrella policy - Do I really need it?
Hello,I have 6 properties under one of my LLCs, all of them insured with DP1 policies including $300K liability coverage. Recently I read a post recommending getting extra liability coverage through a commercial umbre...
Inessa Bliznetsova
Umbrella insurance for rental property
Hello, I hope someone has experience with this and can help me with this question:I own a condo in USVI in my own name, which I occasionally use for myself and family, and the rest of the time it is a vacation rental ...