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Phil C.
  • Rental Property Investor
  • Atlanta, GA
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35
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How to qualify for umbrella insurance

Phil C.
  • Rental Property Investor
  • Atlanta, GA
Posted Nov 4 2014, 18:54

Hi All! I would need some advice on purchasing insurance policies for my rental properties. I now have 10 rentals. I have been researching different options to protect against unforeseeable events. I've read about LLC vs umbrella insurance. However, when I called Geico I was told that I'm not qualified to purchase an umbrella insurance since they only sell umbrella insurance for up to 4 rentals. I'll call other insurance companies, but since Geico is a big company, I'm assuming this limit will be true for many other insurance companies as well. I question is how to get umbrella insurance for all my 10 rental properties?

Any advice on LLC vs umbrella insurance is much appreciated as well!

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