Q: Should I have separate insurance policies for my rental LLC’s, or can it be a named insured on my personal policy?
A: Each LLC should have at least three members and it's own insurance policy. All LLCs should be owned by a "C" corp. Anything else is not going to protect you from personal liability. You really need to retain an experienced business and contracts attorney.
H. Scott Aalsberg Esq. agrees with this answer
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