Insurance for Properties in Florida Land Trust

[Chuck Masters]

I have 2 properties in Florida (live in Maryland) one is a long term rental and the other is a short term rental, both are in our personal names. Wanting to move these properties into an LLC but I find out we have to pay taxes (7%) on the transfer equivalent to the mortgage balance. Then I learn we can move them into a land trust bypassing this 7% tax then into and LLC.

I read that folks were having a tough time finding someone to insure a property into a land trust. I asked my agent and he said no go. Asked 2 other independent insurance brokers in Florida and they also said no go. Can’t get insurance for a property in a land trust.

Is anyone in BiggerPockets community owning property in a Florida land trust and found insurance ?