Insurance for my STR in an LLC

[Andre M.]

Hello!

I have 3 STRs in my personal name and I am switching them to LLCs. I know there is debate on whether or not one should go the LLC route, but I have committed to this and set up LLCs. When getting insurance is it a problem to have your personal name on the policy as "additionally insured"...? Or do I just want the LLC on the policy?

I will likely have to ask a lawyer, but I know I am not the first on here to go through this, so I am looking for what you guys with LLCs have already done!

Thanks!

[Jason Bott]

@Andre M. it isn't necessary to add your personal name. As the owner of the LLC, you will be an Insured on the policy. Adding your personal name as an Additional Insured is redundant, and for that reason most underwriters will not honor the request.