Insurance Coverage Homeowners vs commercial?

[Dylan Otte]

The property in question is a mixed-use, with a ground floor commercial unit, and one residential unit upstairs.  The property is owner occupied, with no residential renters, and no commercial renters, what type of property insurance is needed here?  If we plan to rent to a commercial tenant in the future then should we opt for commercial property insurance now, or just homeowner insurance and then change to commercial once that space is ready to be rented?