Question Insurance for House purchased Land Installment contract

[Ray Slack]

I purchased a property land installment contract 10 years ago and the deed was recorded in my name but the prior owner's name is still on the mortgage. Currently they have the insurance in their name but in the event of a fire I'm no where on the insurance and the check would probably go to them.. I had them add me and as 2nd mortgage to the account but not sure if that is enough.

I need to make sure in the event the house burns down I'm covered.  

I guess I'm looking to cover myself while not alerting the bank that the deed was transferred out of the prior owners name but not the mortgage and triggering the due on sale clause.

I'm thinking about putting the insurance in both our names mine and prior owner.