i used Kevin Hoag, Farmers Insurance for my rentals in Cleveland.   

Will be far easier to purchase more property with 10% downpayments vs 20-25% for each one.Umbrella insurance isn't too expensive, $2M for $1200 per year.Just be sure to run the properties as a good business, address any concerns brought up by the insurance company (they usually do annual inspections). 

I believe they expect us to rollover and let our insurance company handle it and just settle.

So does the time to secure a property for sale, insurance and taxes will accrue.

As others have stated, it's tough to lose the various benefits (health insurance, 401k employer match, etc), not to mention the income itself. 

I would add that this is a geat time to reassess not only insurance coverage but any recurring expense as well as maintenance needs.

I wonder if the insurance company would have bought her new panels?

Does anyone know which insurance company still writes landlord policy in Richmond area/Condo (94804)?

Obtain insurance under the LLC.

Inspection Costs - $400 Lender Fees - $1,000 Closing Costs - $2,000 Mortgage Payments - $2,500 Property Taxes - $600 Utilities - $1,000 Insurance - $200 Commissions - $4,000 Selling Closing Costs - $4,000 Home Warranty - $500 Termite Letter - $100 MLS Fees - $100