Hello,
I've read about the pros/cons of getting umbrella insurance vs placing a rental property into an LLC, and I was wondering a couple things:
1) does personal umbrella insurance cover properties already inside an LLC? how can someone utilize both of these tools in combination on a property inside an LLC for example?
2) does commercial umbrella insurance have a role in physicians owning real estate (or help w/ the above situation)?
TIA
I've read about the pros/cons of getting umbrella insurance vs placing a rental property into an LLC, and I was wondering a couple things:
1) does personal umbrella insurance cover properties already inside an LLC? how can someone utilize both of these tools in combination on a property inside an LLC for example?
2) does commercial umbrella insurance have a role in physicians owning real estate (or help w/ the above situation)?
TIA
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