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Tim Welker
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20
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Need for comprehensive personal liability

Tim Welker
Posted

My wife and I have an LLC with 3 STR Vacation properties. 2 are in Panama City Beach. We've had them for 4 years now. I've always carried a personal liability policy and just got my renewal notice. We do not self-manage, we have quality property managers. Do we need this additional coverage?

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John Underwood
#1 Short-Term & Vacation Rental Discussions Contributor
  • Investor
  • Greer, SC
17,031
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13,637
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John Underwood
#1 Short-Term & Vacation Rental Discussions Contributor
  • Investor
  • Greer, SC
Replied

Not sure what you're asking.

You need the correct STR policy for proper coverage.

Umbrella policy for another layer isn't necessary but some people like the extra coverage.

  • John Underwood
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