Do we need two insurance policies? 2 buildings on 1 lot

[Daniel Francoeur]

My brother and I are purchasing a lot that has two buildings on it as an investment property. The property is in Pawtucket, Rhode Island.

There is only one deed for the lot. 

We are getting a lot of different info from different insurance agents on whether we need 1 or 2 policies.

Obviously, we don't want to pay for two policies, but we don't want to risk being insufficiently covered.

Appreciate and comments/feedback.

[Anthony Dooley]

I would call insurance agencies, ask this question, and no matter what their answer, ask them why? Have them explain why or why not.