For a rental owned by LLC, who is the insured?

[Edwin Batte]

Who's the insured on these policies — the entity (LLC) or the manager (really, owner of property) OR both?

Policies exclusively naming the entity (LLC) are rear and expensive! What's the upside, anyway?

Those where both the entity & the entity manager (usually the true owner of the protected assets) are plenty & cheaper. What’s the downside to having both as the insured?

What do most investors do? 
Yes, I’m a newbie !!!

Thank you for your help in advance.