People injured on your property will go after the biggest source of money, the landlord... don't give them more ways for them to do that..

Luckily nobody injured, but the adjacent property was so badly damaged, the city fully demolished it the next day.It is definitely a surreal experience dealing with this exact issue.  

I'd tell him that I understand his client would have to prove he injured himself on my property because of my negligence and that is going to be pretty hard to prove.

Does that protect your building from structural damage and potentially injuring someone?

If you are the piece holding everything together, it could be a nightmare if you were to get sick or injured.

.- If the tenants cause their neighbors to suffer a loss, through bodily injury or property damage, their Renters Insurance will provide protection that would compensate the injured party.

So if a massive snowstorm injures someone or if an electrician hired by the landlord improperly wires the rental unit and their negligence causes injury to someone, a landlord cannot state that the tenant is liable for those injuries as they were out of the tenant's control.Similarly, if that massive snowstorm or the faulty wiring by the electrician hired by the landlord results in property damage, a rental agreement cannot state that the tenant in liable for that damage as the damage was caused by a natural disaster and/or a person other than the tenant or the tenant's guests or invitees.However, it is legal and enforceable for a rental agreement to state that a tenant will be responsible for personal injuries and/or property damage if the injuries or damage were caused by the tenant, the tenant's guests, or the tenant's invitees.8.

I am happy to delve into it further with you if you choose, but if you talk to someone else, just make sure they walk you through the variables with staying with a personal policy vs transferring to a commercial policy...etc@Sydney Hall to answer a few of your questions...1st you can have an umbrella even if you don't own a home--most of your personal liability comes from auto exposure--you are much more likely to have a hefty liability claim from a car accident than someone getting injured at your home.2nd based on the limited info provided, you should have a Business Owner's Policy as a business owner--property and liability coverage (especially if you have a physical office location).  

Also, since there is no homeowner's insurance, I am worried that if a visitor to the house is injured, I can be sued.

Upside of paying off your mortgage early........ the house is paid for.... as long as you can pay the taxes, insurance and basic utilities, then you will never be out on the streets if you lose your job, get sick/injured etc.