Liability Insurance for rental property?

[Zach Bechard]

I had a meeting with my Estate Planner/Asset Protection Lawyer last week. The subject of our rental properties came up and he suggested that I should get a liability policy for each of the rentals we own. He said it will protect us from being sued or liable for any accidents that would happen inside the property. He said the home insurance policy just covers the house from the walls out. Just wanted to hear some feedback and see if this is good practice as a landlord and rental property owner. What are you guys doing about this?