Property insurance - quad

[Adam Roberts]

Hi folks - I'm in the middle of closing on my first quad in Fort Worth, TX and have a question regarding insurance policy. From a bit of research I understand that they take on a few different forms such as umbrella with other props, coverage for lost rent & damaged property, etc.

Can anyone shed any light on the most typical, or best path for insuring a 4-plex in good condition? Is it typical to cover lost rents, the appliances, etc?

The property is 1983 build in good condition, all four apartments have been recently renovated (within 5 years). Replacement cost between $200-350k depending on which insurance co. I'm talking to.