Is this the right insurance setup?

[Kevin Smith]

I have a question about insurance. I've recently changed how my rentals business is structured, and I'm trying to ensure I have the proper insurance coverage. 

I have one LLC that manages all of our properties (but owns none), and then I have our properties which are owned in various LLCs and even some in our personal names (I know, I need to get those into LLCs). The change for us is the new property management LLC. The properties all have their respective landlord insurance policies.

My question is this - what type of insurance is right for the property management LLC? I've spoken to a couple of my insurance brokers and they've had various ideas - the best of which is excess liability coverage on the landlord policies. However, my thought is that the management company would need a general liability policy or something of that nature.

What is the right way to go?

Thanks for your help,

Kevin