Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Insurance
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 4 years ago on . Most recent reply

User Stats

9
Posts
1
Votes
Robert Berth
1
Votes |
9
Posts

Will Umbrella Insurance cover this sutiation?

Robert Berth
Posted

Hi all, I'm reviewing my insurance for my home and rental property and considering adding umbrella insurance. I can't seem to find the answer to this question, let's pretend I have tenants that for whatever reason disagree with regarding late fees I imposed for paying their rent late, or they broke their lease and I charged the early termination fee, all within the contract but they still want to go to battle for it. We get into an argument and I get sued. 

Will my liability and/or umbrella insurance cover my legal fees and potential judgment against me?

Loading replies...