Property Insurance questions

[Fred Ramos]

Hi all. I've been purchasing properties to hold and rent for almost two years now and am not quite sure how to handle the property insurances coming due. When I purchased these properties, I paid for the homeowners out of my pocket for the first year. just so you know how I handle finances, I opened an account for the rent houses and kept my personal account separate. I know the rental account is my money but i do not consider it as such. I only consider my personal account as wholly mine. anyway, all expenses (Except rehab) come out of the rental account which is still pretty low. what I would like to do is pay the insurances on a month to month basis as paying in full would drain the account. Also, paying monthly at least for now would allow me time to build up this account for unforeseen expenses. what is your take on this? Also, how does a blanket policy work?
Thanks to all for your advice/suggestions on this matter.