You may be better off just paying for an umbrella insurance policy each year.

But that renter was very easy going and the rental laws were less strict back then than now. 

The amount and type of data they collect for "free" use is concerning. https://innago.com/privacy-policy/

I had a client right after Hurricane Michael who initially got offered half of what his damage actually was worth, but a skilled adjuster managed to get him a much more reasonable payout.Keep a Backup of All Your Documents:Store both digital and physical copies of everything-your insurance policy, receipts, photos, and videos.

1) Make sure STR is allowed. 2) Get more and the correct forms of insurance to go with your umbrella policy. 3) Skip the LLC. 

He should be paying into workman's comp and be the experts in evaluating the level of risk.Do you have an umbrella policy in addition to the property’s policy?   

It's not a question of "if", it's "when".Keep good insurance policies on each property, keep hefty reserves for each property, open LOCs for extra reserves if you can, and keep a tight hold on the management of the properties whether you manage them yourself or have a PM do it.Stay hands-on even if you have a PM.

When insurance companies face big payouts for natural disasters, it affects the rates of all of their policy holders not just those in the affected areas although high-risk areas are obviously affected more.

According to Airbnb's Major Disruptive Events Policy, you should be able to cancel without any fees to you or the guest. 

Typically, if they do not file such claims within 1 year, then the transaction is final and the title insurance company will issue a policy.