Help! What landlord insurance policy terms are ESSENTIAL for my 1st rental asset?

[Claudia Stewart]

Hello BP Community! I am in escrow on my first out-of-state rental property in northern Texas and the next step in the process is to get landlord insurance. My question for you more seasoned investors is, what policy terms must I make sure are part of the policy I end up selecting to ensure maximum protection of my asset?

For added context, the property is a SFH that I will be renting to a long-term tenant.

In advance, I appreciate your time and willingness to share your expertise with a budding investor!