POLL QUESTION: do you have liability coverage on each property or are you extending home liability coverage to your rentals?

[Edita D.]

Hey guys!
What type of coverage do you have for your rentals?
1. Liability insurance for each rental property (for example, 300K limits) OR
2. One million primary residence insurance with 1 million extensions to each rental?

I am shopping for an insurance policy for our new rental, and one of the insurance agents on BP suggested asking my insurance agent about option #2, stating it's considerably cheaper (each 300K liability costs 100-200$, vs 15-20$ for extending primary residence liability to rentals).

Thanks!!!
Edita