Preview Mode Links will not work in preview mode

Welcome to Target Market Insights. A podcast to help real estate investors navigate neighborhoods through the lens of local experts. In each episode, we speak to local specialists to learn about their market, useful tips, and the latest trends and developments. This show is designed to help you with the insights you need to win your target market.

Jan 7, 2021

A question I get all the time: Should I start with an umbrella policy or an LLC? I wanted to ask Jeremy Goodrich, one of the principals of Shine Insurance his expert advice.


Two different ways to do the same exact thing:

  • LLC is a key piece when you are investing in more than 5 units
  • Umbrella insurance is additional liability insurance 
  • If you have a large portfolio, umbrella insurance would add millions of coverage
  • How to balance the LLC structure and umbrella coverage
  • The biggest mistake real estate investors make when it comes to insurance
  • Why you need an umbrella policy over your LLC