Rental Insurance and/or Business owner Insurance

[Gabriel C.]

I have a condo rented for about 5 years now. the HOA has a master Insurance policy, but i also need to get my landlords insurance. When I call American Family insurance, they gave me a business owners insurance. I told them i dont have a LLC, that i am just a landlord on my own. But they told me that it is ok and it is the same thing, as long as i am getting money for rent, it is considered a business. With this policy i dont need an umbrella because it has a liability up to $1 Million. I asked them many times, why they dont give me a regulars landlords insurance, and they keep telling me this is the same thing. I am very confused. they yearly premiums are very affordable $500/year. Is this in fact the same thing? the condo is in Missouri. thanks a lot in Advanced