Landlord Policy on Owner Occupied

[Sam Scogin]

I'm looking to save money on property insurance and wanted to run an idea past the community. My wife and I own an owner occupied duplex, another duplex, and are closing on an additional triplex. I'd like to move the homeowners insurance to a landlord policy with the other properties and then purchase an umbrella policy as an added layer for liability (none of the properties are currently in a LLC). Is this even possible? I understand that this would mean less coverage.