Umbrella Insurance Information for Landlords

Real estate investors and landlords routinely deal with different types of insurance policies, but one of the most important and frequently overlooked types of insurance is the umbrella insurance policy. Whether your investment or rental property is held in your own name or in an LLC, umbrella insurance could be the most important type of insurance you can purchase.

Not sure if you would benefit from purchasing umbrella insurance? Consider these factors:

  • Vacant land. Could your vacant land be used by neighborhood children to play a game of ball? If one is injured it could result in a costly lawsuit. Umbrella insurance can provide additional coverage.
  • Rentals. Even though you carry an independent fire policy for each home, an umbrella policy can help protect against major lawsuits should a tenant—or tenant guest—be injured on a rental property.