Everything regarding coverage will stay the same except there will be no "Medical payments to others" coverage.

The last I checked with my insurance broker, when I had $3 million coverage for several rentals, I could buy a few million more, like $5 to $6 million rather than dumping the money on an LLC.

If he slips and falls in your house without any coverage, he will sue the crap out of you.Anyway, another approach to get Seller and Movers closer to an agreement where they will pay you $ 800 without having to file a lawsuit.Good luck.     

I have a title policy in place which grants coverage in case of an issue. 

He had no worker’s compensation coverage so he had to retain a lawyer at his expense. 

Sure they capture high profile media coverage due to their insane and asinine treatment of tenants, but eventually they are caught and harshly punished by the city DA.

If you read the warranty close, it will have an out for no coverage on just about every scenario possible. 

I’m considering fire dwelling coverage or “landlord insurance” to protect myself in the event tenants start fire, flood, lost rental income, ect.

Generally, the coverage of the policy will state; “The coverage of this policy shall continue in force as of Date of Policy in favor of an Insured after acquisition of the Title by an Insured or after conveyance by an Insured, but only so long as the Insured retains an estate or interest in the Land, or holds an obligation secured by a purchase money Mortgage given by a purchaser from the Insured, or only so long as the Insured shall have liability by reason of warranties in any transfer or conveyance of the Title.”

No one has ever lived there so I am womdering do I need to purchase “title owner’s coverage”?