Quote from @Marc Zak: Anyone have experience on the issue of getting insurance on a property held in an LLC?

Insurance-  replacement costs.  

In addition, some states have different regulations tooI'm sure that someone that specializes in Insurance can give more insight into what is and isnt necessary or best for our properties.

In the 2024 insurance market, CA is hard to place, so even though you could force them onto a single policy, it may be more economical to keep them separate.I'll send you a note with the carriers who can do this for you.

SIGNED STATEMENT OF INSURED AS REQUIRED BY SECTION 3905.33 OF THE OHIOREVISED CODEThe named insured ___________, acknowledges that the insurance policy (other than life insurance) as described above is to be placed with an insurance company not authorized to do business in Ohio.The insured understands that the insurance company is not a member of the Ohio Insurance Guaranty Association and that Chapter 3955. of the Ohio Revised Code is not applicable to claimants or insureds of said insurance company.

I would ask the insurance company for more documentation on the reasoning. 

Typically people only get insurance on things that they own, or liability insurance for their own protection. 

Erin,Were you able to find insurance? 

I found some articles and old forum posts on BP last night that discussed problems with financing and insurance for this arrangement. 

Usually when I close on a house, the insurance company sends out somebody to do a visual inspection.