Rental Insurance w/ or w/o Liability Insurance

[Matthew Sloan]

I've been getting quotes to convert homeowner insurance to rental insurance on a property I currently own and am about to rent out. Every carrier that I have talked with have dwelling coverage with liability and medical payout coverage. However, I know there are carriers that do not require liability coverage and offer dwelling only. What is everyone including on their rental property insurance? Is it necessary and common to have liability included in the policy or is that what LLC ownership is for? With the added liability the cost are the same as my current homeowner insurance.