From what I understand, the most common are related to automobile accidents (boy my neck hurts...).

This tenant is within his/her rights to use the dwelling for storing their personal effects and automobiles. 

I am not certain why small business owners, the job creation engine of the country, should see their taxes raised in order to protect bond holders of automobile companies or banks, or for union jobs to be preserved in companies that are clearly not competitive.

Ditto for the issues with automobile exhaust fumes entering the house, when the garage is detached.

I have no debt other than a small education loan and an automobile note.

Is he going to be contributing to the automobile and his college financing?

This policy provides additional coverage above and beyond automobile insurance and either homeowners or renters insurance.

@Laith AliIf you are flipping, the properties are inventory - just as if you were selling shoes or automobiles.  

We had no automobile payments at the time I bought that first income property, and essentially zero credit card debt. 

And certainly neither your property nor your automobile insurance will cover you if you are found negligent in a serious accident (this is an external “threat” to your assets).Insurance companies don’t cover “gross negligence” or “fraud”, and when the claim is large they will find a way to deny it, if possible.