I have never heard of a deductible that high.Google Insurance Broker Kansas City, MO and let some different brokers quote this for you to find the best price/coverage.For me I just want catastrophic coverage instance the place burns down.

As  you acquire assets, you can section them off into LLC's so if you ever have a catastrophic liability event, only a portion of your assets are reachable from that action.

These are all great answers and I fully want to ensure I understand all the potential scenarios.The other thing that came up today is in the event of a catastrophe, could an insurance company deny coverage because I breached a local occupant ordinance.

I hate to buy for appreciation only, as then every maintenance issue and catastrophic issue (Collapsed Sewer Line, Air Conditioner, etc.) has to come out from your own pocket and not the investment.

These types of things are much more likely than the kind of catastrophe that would cause a short-term investment to take a big loss.I think any investment strategy is going to come with some risks.

How do we research an insurance company to make sure they have the right kind of reinsurance in case there is a hurricane or other major catastrophe with lots of claims?

Value added is both societal value and monetary value ... these two concepts are one in the same for a sustainable business and life; it is possible to decouple the two in the short-term, but this will always be short lived and usually ends catastrophically when the universe reunites the two ...I agree that investing, any business, and life for that matter needs to be informed by a deeper philosophy and purpose that goes beyond just chasing greenbacks.

It takes a financial catastrophe or significant financial setback for people to look for a different map to financial freedom.When I realized my map was getting me to the wrong place real fast, I found a new map!!!

The idea of insurance is to protect you from a catastrophic financial event - one that could push you into bankruptcy.  

SEPP Rule 72(t) and 401K loans.the account is tax deferred, that is true, but unless something catastrophic happens, I will most likely be in a lower tax bracket at retirement.