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HomeForumsGeneral Real Estate Investingcompany excludes liability coverage when written as a LLC
Padma Mody's profile image
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Padma Mody
  • Investor
  • from Oviedo, Florida
  • Member since Jun 4, 2014
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Padma Mody's profile image
Padma Mody's profile image
Padma Mody
  • Investor
  • from Oviedo, Florida
  • Member since Jun 4, 2014
Connect
Padma Mody
  • Investor
  • Oviedo, FL
5
Votes |
90
Posts
General Real Estate Investing

company excludes liability coverage when written as a LLC

Padma Mody
  • Investor
  • Oviedo, FL
Posted Sep 17 2014, 07:20

I bought one SF for rental under my LLC

 and insurance company excluded liability coverage. Agent is saying that they can quote a personal umbrella policy that will cover liabilities for all my rentals. 

I don't know what I should do for insurance? Is everyone buy the umbrella policy? And for what the amount of policy I should buy? And why company is not offering liability coverage to LLC?

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