Or if my landlord homeowners insurance policy will cover this?

Your primary insurance policy with $300,000 in liability coverage should be sufficient in 99.999% of all lawsuits.5.

However, how much they’ll see can depend on brokerage policies, so it’s worth confirming with them directly.Transaction Coordination: It sounds like you’re used to having a support system in place, so doing it solo may feel a bit different at first.

I guess my questions is: could I purchase one policy that would cover the tenants in multiple units?

Neither is taking on new landlord policies in Texas or Colorado (where my property located).  

Sometimes it might be better to leave some money in the deal to get a better cash flow and provide a little more of a safety net.I hope that helps.

You will also want to get a builders risk policy as well.

If the current policy will not coverage it, get quotes. 

And who knows what is in store with the jobs market.It also depends upon the election and what policies are implemented.I am hoping prices continue to drop in multifamily, and we see a pick up in activity.

Also, the other protection that is good for you would be an umbrella policy too.