multifam insurance / trusts

[Paul Yevzikov]

Quick insurance question for the experts:

I'm acquiring a multifamily that is currently held in a trust. The current owner has a renter's policy, as well as an umbrella policy for his business that covers this multifamily. I will be taking over the property by becoming the trustee & partial beneficiary. Rather than be trustee & beneficiary in my own name, it will be in a special LLC I created just for the purpose.

What insurance and liability vehicles do I need to ensure are in place, to cover myself from an insurance standpoint? Property is in PA.

Thank you very much.