You can protect yourself through insurance but they also have balances too, they calculate how much they lose add their profit and redistribute it to all policy holders.

If the buyer provides their own, I would think the lien holder would notice a change in the policy holder, especially if there was a claim.

Just a random example but when I put together an estimate for a policy holder it cost $312.82 with Taxes and Overhead & Profit (If the contractor or PA has O&P on their estimate) just to detach and reset a toilet.

When I would return to these areas weeks later, 9 out of 10 times the property would be rented or sold and I was inspecting the same policyholders new rental property.  

They may be higher then the current owner who probably is a long time policy holder. 

We are currently getting building insurance  quotes, but we are currently on a business policy with Nationwidwe insurance.Mationwide lists us as the policy holders, not the LLC.

I'm thinking the latter is fine, as coverage is coverage, whether I'm the policy holder or not, just as long as we the owners are listed as insureds or additional insureds.

Florida is Thee State in which all other States tend to follow, but the folks at TAPIA have done a wonderful job fighting the good fight protecting the best interests of you, the insured policy holder.

Well here is the responses I got from the agent in my state and possibly some good news for the policy holder.

Typically the way that a servicer becomes aware that the title has changed hands is the insurance policy changes and shows a different person or an entity as the policy holder which is different than the person that took out the loan and was recorded on to title.