If you need RE insurance it's usually a catastrophic type event and not just a plumbing leak. 

I have had dishwashers in my homes (my personal homes and rentals) for 30 years and have never had a rotted floor nor a catastrophic leak.

Since we have overnight rentals in the in the Smoky Mountains, my main concern is someone getting drunk and falling off the deck, someone accidentally driving off the side of a cliff from the driveway, or something catastrophic like that, and getting sued for far more than my insurance policy amount.

Great job getting on this forum, but the truth is most everything you will learn will happen after you buy a property, this is when real world learning happens, but educating yourself now will help you to not make catastrophic mistakes.

Property insurance should be considered a solution for catastrophic events.

I am trying to cover all ends so I can decrease all major/catastrophic things that could come up.

Interesting article... https://spectrumnews1.com/ca/o...As of mid-January, there were roughly 1,100 active homes in Orange County, about 4,700 in Los Angeles County, 2,040 in San Bernardino and a little more than 2,300 in RiversideSteven Thomas of Reports On Housing calls the low level of housing in the region "catastrophic"Buyers continue to push on despite the coronavirus pandemic, high home prices and rising mortgage interest rates

You get it for that moment when a catastrophe hits. 

In actuality health insurance now is basically catastrophic insurance.

It helps them build credibility more than it will help me prevent people from making catastrophic financial mistakes.Turkey investing may be right for some, but that percentage is so tiny compared to the overall number of people getting suckered into it.