Insurance Qs for out-of-state rental

[Kelly G.]

Greetings;

I am looking around for a new landlord policy for a house I own in WI (I live in CA). Have had a couple agents (in WI) tell me they can't/won't insure my 'investment' property because I live out of state.

I am new to landlording (is that a verb?) and kinda lost. Is not insuring an out-of-state owner typical?

Also, my current policy has a $500k liability - thinking I need to up that to $1M for more protection. What's typical for a SFH? I will have a PM for the property - if that matters. Should I tie the extra coverage to the house - or get a separate personal umbrella policy? (Or should I incorporate?)

I know nothing about insurance! Really appreciate your help!

Kelly

Perhaps I should be asking about any good 'how to be an out-of-state landlord' books!? (tee hee)