STR Insurance Question

[Tom E.]

Getting quotes for the house I'm closing on in April and wondering what to how with for coverage limit and umbrella. It will be an STR with no personal use

Background: high income W2 job, no primary home (ADU on family's land property, happy twith this) so can't get umbrella policy with most insurers as they want auto and homeowners for primary home before offering umbrella

Quotes from foremost and proper. Both 1M limit with foremost being more attractive currently. Wondering if how most insurers their STRs? 1M seems low and I'd like umbrella, but appears I'm unable to get it as far as I'm aware. Would love to learn though! 

I know this is a personal liability/risk question, but I'd like to focus more on usual policies and prior cases if this would be sufficient to most? Although I have a high income my assets are not immense and the insurance is protection against future earnings/STR

I will probably buy a primary home in next 5 years but happy for now where I am. 

[John Underwood]

I use Foremost also.

1million should be fine. You want enough so that a potential law suit would go away if the insurance paid out.

Best thing is to highly maintain your property and treat guests with respect so that no one would ever want to sue you.