I'm looking to get coverage for rental properties. 

Meaning, for it to function properly the Heloc needs to have a checking account with an auto sweep to the Heloc as well as the reverse, when the checking calls for funds it can reach out to the Heloc for coverage. 

We could have actually gone cheaper on insurance, but thought this quote had the best coverage & was still very reasonable. 

It might be more expensive than usual because your property insurance has no personal liability coverage, but it's a good route if it's available to you.

It's great to connect with someone who has such extensive coverage in the Texas real estate market.

Seller shall furnish a copy of a prior owner's policy of title insurance or other evidence of title and pay fees for: (A) a continuation or update of such title evidence, which is acceptable to Buyer's title insurance underwriter for reissue of coverage; (B) tax search; and (C) municipal lien search.

If your insurance coverage isn't enough, they could seize the LLC assets, but not your personal assets.Additional thoughts:1.

I was able to get insurance only because I agreed to exclude coverage of that known issue.

There's so many carriers still available in Florida - just shop your coverage and it shouldn't crush your margins any more than typical insurance does... maybe others are having worse experiences!

Their quotes were for much higher coverage (e.g current policy is 260K on a house with market value of 275K, including ~50K land, their coverage was 340K) and cheaper (~$350 less than current premium).