Tembler, thank you for your response. So, what you are saying is that if you have common ownership you can insure them on one policy, (as we thought in our agency) however, if there is different ownership then you can not combine them. We are looking for something in writing from somewhere to back u...

I see where you are coming from on this and would like put it to you this way. This might be too simple of a way to look at it but, after 30 years in the insurance business, this is what I have to offer. I have been an inspector, agent, manager, agency owner and now a consultant. The best answer for...

msquire, thank you for the response and also to jimmyr. I do have one last follow up question that was brought up in our innner-office discussion as well. If the multiple LLC's have different % breakdown of ownerships or different ownerships all together, does this make any difference. An example wo...

I understand your response, but still have a question on this. I was told by a company underwriter that when you have multiple LLC's on one insurance policy that you have now comingled their assests because the insureds have combined their liabilities together. (Hence the dilution of Liability Cover...

If you do insure multiple LLC's on a single policy, does this now comingle the LLC's together and allow a lawsuit to access all of the LLC's assets collectively now?