CaptainCaveman
New Member
- 5
I was wondering if a holding company should have any insurance? In this scenario the company holds membership interests in other companies and does not actively participate in management. Can it carry an umbrella policy and add each subsidiary as an additional insured?
Should the LLC management company carry any insurance? It’s role is to manage the subsidiaries.
Each subsidiary owns rentals, there is no property manager and has a landlord policy. Are members and managers automatically covered under a landlord policy or should they be added as an additional insured?
No employees with any of these companies.
Thanks. I’m getting nowhere with local agents.
Should the LLC management company carry any insurance? It’s role is to manage the subsidiaries.
Each subsidiary owns rentals, there is no property manager and has a landlord policy. Are members and managers automatically covered under a landlord policy or should they be added as an additional insured?
No employees with any of these companies.
Thanks. I’m getting nowhere with local agents.