Investment Property Insurance

[Donald D Michna]

The Bigger Pockets Daily Podcast #186 mentions how to protect  your property with landlord insurance. We have had the same insurance for our long-term rentals  for a few years as well as a million dollar umbellar policy. We have dwelling insurance including the garage, rental values to cover a years worth of income and personal property of $10K. We live in Milwaukee County, Wisconsin. We are trying to be safe with the coverage that we have, I also do not want to leave us exposed to risk. 

This property has existing long term tenants that we plan to transition to short term tenants 2-3 months per tenant. We are not interested in 2-3 day short term tenants. Let me know what we should be including and if there is anything specific for short term rentals.