If you still hold title, I'd get landlord insurance. 

Additional Insured is a no-no because the insurance carrier may refuse to pay an otherwise legitimate liability claim from the tenant to the landlord because insurance companies don't pay claims between parties that are insured by the same policy.

Insurance is an estimate until you get a quote, but a quick call to an agent with the address will give you a realistic number in minutes.

As of January 30, 2026, the National Flood Insurance Program (NFIP) is once again closed for business.

Quote from @Anna Catron: Has anyone used the NREIG Affiliate BiggerPockets endorses for insurance? 

Can you help me understand why an appraiser would have to give proof of their E&O insurance to a mortgage company for a DSCR loan?

I have been working with insurance brokers to quote insurance for the property.

I am using STR insurance policies.

Additional Insured adds you as an Insured on the policy meaning you are extended coverage. 

I assume if everybody’s insurance in the area increases significantly everybody will increase their rent, same as if property taxes increased.