Insurance for an LLC
My name is Paul and I own a sole proprietorship LLC which we will call "Gold" for this discussion. It is a pass through entity on taxes, and I am the sole member.
How important is it whose name is on the insurance? For example, if Gold LLC is on the deed and Paul is the name on the insurance, could they deny claims? Any attorneys or adjusters here?
Wonder if I have an insurance policy written in the name of Gold LLC, but the owner listed on the deed is Paul?
Basically, anyone seen any claims denied where a sole member LLC and personal name are used interchangeably?