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John Boudreau
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Umbrella and General Liability Insurance

John Boudreau
Posted

I am new to bigger pockets but have been investing in single family and small multi family for the past 15 years and have grown to approximately 40 doors in Nebraska, Iowa and Missouri. The more I am reading and listening, the more concerned I get about liability protections. Currently, all of our properties are owned in an LLC but I am concerned that the legal protections of the LLC are not as solid as they once were. I also have general liability insurance, a personal umbrella (which I don't think will cover me as I may need a commercial umbrella). How have others structured their insurance and property ownership to maximize liability protection. I'd be interested in talking to any insurance professionals with thoughts. Thanks in advance.

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