Personal insurance and investment insurance

[Abel Gudaye]

When getting a personal renters insurance insurance for yourself in a high end apt what kind of coverage should you be looking for 100k or more  liability  and should personal property really be accurate to the t? And should umbrella insurance be a a must if you’re personal asset is a lot but in a trapped trust?

What kind of coverage should you be looking for on rental investment, should the coverage be close to the equal to the arv?

thanks for any information