BP Community, I have an LLC and liability insurance on all 5 properties with the goal to purchase more. I also have a personal umbrella policy. Do you think a Commercial umbrella policy is required vs a personal u...
Hi all,I have 7 rental properties, high income professional (4-500K/yr), have a 1 mil+ personal residence, 1mil+ liquid/IRA net worth. 41 YO.My properties are under my name and will not put them under an LLC. I curr...
Today, I have a personal lines umbrella policy for myself. If I start a new LLC, do I need to take separate commercial umbrella policy? Or is it possible to add LLC in the personal umbrella policy itself?
I am looking into becomeing incoporated, but for now i just want to get an umbrella policy to protect myself. My question is that my agent said i need to buy one for each state i own a property. Does anyone offer a ge...
I own six properties, 3 in Maryland (including principal residence) and 3 in Ocala Fl. I have a quote for the 3 rentals in Ocala *only* at over $1K per year. My home owners insurance won't umbrella insure my 3 Maryl...
What umbrella policies works better. Stand Alone Umbrella companies or go with one umbrella company for all the package.
My wife and I just rented out our 7th home and we've decided to get umbrella insurance for some extra protection. Our insurance broker can can only offer $400/year for $1,000,000 of coverage. Does that sound about rig...
Hi,
I own about 10 units and was looking to get a a general umbrella policy to cover any possible litigation. Is this a good idea? And if so what is a good coverage amount? 1 or 2 million?
Thanks!!!
i have one rental property. i also have a new car and a primary residence where my wife and child sleep! should i purchase an umbrella policy with 1mil in liability coverage or purchase a stand alone policy that cov...