About Insured name on Rental Property Insurance Policy

[Gary Li]

I Just bought a Rental Property under my personal name, and I also bought the Rental Property Insurance, and found the policy shows the insured name is the Property Management Company name. I checked the Insurance agent, who told me, because the Landlord name on my Lease Agreement was the Property Management Company, so the Insured name have to be matched with it.

My questions are:

1. I believe so many Property Management Company sign the Lease agreement represent the Real Property owner with the tenant, is the way Insurance Company insured the name of Property Management Company correct?

2. If the Tenant sued me for anything wrong, would that cover my liability?

3. If the property caught fire, does the insurance Company pay me for the lost?

4. What is the right insured name for the Rental Property Insurance Policy if the Lease Agreement was signed between the Property Management Company and the Tenant? not the Real Property Owner with the Tenant?

Thanks