Umbrella Policy Limits / Requirements

[Nathan Frost]

 Hi everyone, I am trying to figure out the best solution for covering rental properties in case of a lawsuit. I have insurance on all of them and used to do an Umbrella Policy, however, the umbrella is really pointless unless you meet the insurance limits/requirements. See attachment.
I would have to raise all my insurance coverage on all my rentals in order to get adequate Umbrella coverage but then that takes away from cash flow. Check out the attachment but I am still curious as to what is the best route to take on this. I have an LLC and insurance but how can I protect myself? Raising insurance on all the properties is expensive.

[Jason Bott]

@Nathan Frost I think your mixing up the Property limit and the Liability Limit.  The Liability limit needs to be @ $300k, not the Property limit.

You don't need to change your Property limits, just have the Liability at the min $300k.  You may already have an adequate limits to qualify for the Umbrella.