Don't depend on Aircover.Homeowners policy will not protect you if your renting as a STR.You need the correct STR policy to protect your property.

Just a builders risk policy if you are doing an extensive rehab on the property and then a landlord dwelling policy when the property is rented.

I am not privy to the details of that from their perspective, but I would hesitate to assume the policies are the same; I don't believe they are.

Reason is a Heloc generally carries a higher rate on a shorter term and "Can Never" be used as an "Asset, or for PITI reserves" which are both required when you buy an investment property. 

I am currently with State Farm but they will not renew the policy after May 2025. 

I have a few dozen rental homes, and I've found that the only master umbrella liability policies my agent can find now require $1 million underlying liability coverage on the landlord policies.

If you have not already purchased this policy, I would look for a policy that provided a stated amount deductible for wind/hail vs. a % deductible.

PITI amount is $566.00. 

Loan: 20% down, $4,038/month PITI.

Cities and states have enforced this policy for well over 50 years and it always stood up in court.