Do You Need Umbrella Insurance or an LLC? (Bonus)

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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