Commercial Inland Marine Policy for a single family flip?

[Amy A.]

I've been using the same insurance agency for many years, but they recently changed the company name and staffing.  I should have asked more questions when the new agent told me she had found a less expensive company to insure my current project.  I just got the policy in the mail and it's called a "Commercial Inland Marine Policy".  This is to cover a single family home about an hour from the ocean.  

I've read the policy and they added the house as an endorsement.

My question is, is the new agent incompetent or has she found a brilliant loophole to save me money?

I'm a bit skeptical since it doesn't include liability coverage!  I've been working on this house for a month without realizing I'm naked!  I've always had high liability coverage - every single time.  I didn't even think to ask for it because it has always been included in my policy in the past.  What kind of insurance agent would issue a policy without at least a discussion of liability coverage?

This goes to show - even experienced investors can make mistakes.  Ugh.