If you have your house in a trust or LLC for whatever purpose, please do yourself a favor and check your insurance policy. Make sure the trust or LLC is a named insured, or at the very least an additional named insured! If it is not – your insurance policy is not set up properly and you can have a potential problem if there is a property or liability loss.
It makes sense…the trust or LLC owns the house – but is not listed on the policy?? I know you see the problem now.
Many middle market carriers and brokers don’t ask this question as they don’t understand it, or can’t help a client with an insurance policy if the answer is yes. Their insurers won’t write the policy.
If you need help with this, please reach out. I ask the question, and all my carriers have the ability to write Trusts and LLCs (as long as they are not for commercial purposes!).