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Ben Rasche
  • Investor
  • Chatham, IL
7
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21
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Insurance payout question

Ben Rasche
  • Investor
  • Chatham, IL
Posted Oct 9 2015, 21:03
My insurance agent said in the 15 years he's been selling insurance he's never had a claim come close to 1 million. In fact he said the biggest claim he's paid out was a bit over 100k. He was telling me this as I was discussing the idea of forming an llc and moving my 6 rental units into it vs upping my insurance. What are your ideas on this and the question of whether or not to roll everything into an llc?

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