Liability Insurance for LLC

General Real Estate Investing
1

Just recently started an LLC. Was talking with an insurance agent that we insure our property with and he said we should have a liability policy for our LLC. Why if we have a property insured already do we have to insure the LLC also? They want to charge us $200 for this. Is this normal to have this insurance? Graciez

2

I do. first line of defense.

3

Thank you. Graciez

4

gracie, what type of insurance do you have. I went to my old business insurance guy. he kind of scratched his head and said, “for the field you’re going into, we really don’t have anything that will cover you…”

I just want to protect my assets, my business. How hard can that be?

5

I don’t have coverage for my LLC. My properties yes. Just thought that was good enough.

Nate-WI

6

I’d listen to Mark.

Da Wiz