I also had an odd event where Statefarm cancelled my coverage and required I get a roof inspection.

A fire etc resulting valid claims in excess of your insurance coverage can wipe you out otherwise.

@Jarrod OchsenbeinYou are correct that if property has equity coverage you would get paid off in a foreclosureJust realize what is loan for, if it’s fix and flip the property may not be fully renovated which add riskIt comes down to underwriting the borrower.

Obtaining an adequate amount of liability coverage should cover liability concerns. 

Cash flow-oriented investors would do well in this market, since Montgomery’s rent-to-price ratios are very favorable—for instance, we’re seeing $150,000 properties in B/B+ neighborhoods fetch monthly gross rents of $1,200 to $1,300.By the way, if you’re looking for financing, a debt service coverage ratio (DSCR) loan could be a good option for you since you’re an international investor.

An umbrella insurance policy can offer cost-effective liability coverage as you scale, but they rarely payout.

The only issue is the DSCR (debt service coverage ratio), correct? 

It might be a good time to shop the coverage with several independent agents

I recently switched insurance carriers for two of my rental properties and about two months after coverage started, I received a letter for each property with a list of items to be remediated within 40 days or coverage would be revoked.

At the moment insurance underwriters are NOT writing coverage on anything that's not concrete.