And we get higher coverage than a typical s.d. would cover.

This allows businesses the ability to access and invest critical liquidity while providing landlords with enhanced coverage against defaults.

And your personal insurance might not be willing to step up if they decide you were engaging in a "business activity" without proper coverage. 

Joe Fairless has a very comprehensive book on the subject.

Is there an exception from coverage for parties in possession?

Hello I just purchased my first property that I plan to BRRRR and I’m sorry in advance if this is an obnoxious question but I don’t have any formal experience with residential construction (5 years in commercial and a fast learner/ YouTube is how I plan to research particular repairs) I’m looking for an either basic or comprehensive list of tools I will need for first demo-ing the existing insides (this is going to be a full gut job) and then a suggested tool list for finishing the house.. thanks in advance to anyone who contributes, I believe this post will come in handy for many others to get a head start and save time running to Home Depot on their first projects as well!

@Jeffrey Sommer those are good questions but hard to answer comprehensively in a forum reply because there are so many variables.

Also, this would help you build your case if they still have not remedied the issue.Their insurance company can't do anything except stop their coverage. 

Foremost and Proper are popular in the STR industry and they will cost you more than a regular homeowner's policy but they provide the coverage you are looking for and need.

I know we are overwhelmed by information, analysis, theories and forecasts, but I thought it could be helpful if I provided a list of sources recommended by Wharton.Johns Hopkins Coronavirus Resource Center: https://coronavirus.jhu.edu/World Health Organization: https://www.who.int/emergencies/diseases/novel-coronavirus-2019Pew Research Center: https://www.pewresearch.org/topics/coronavirus-disease-2019-covid-19/International Monetary Fund: https://www.imf.org/en/Topics/imf-and-covid19World Bank: https://www.worldbank.org/en/who-we-are/news/coronavirus-covid19Bureau of Economic Analysis: https://www.bea.gov/United Nations: https://www.un.org/en/coronavirusAir travel: https://www.iata.org/en/programs/safety/health/diseases/Brookings: https://www.brookings.edu/topic/coronavirus-covid19/Peterson Institute for International Economics: https://www.piie.com/American Enterprise Institute: https://www.aei.org/2019-coronavirus-coverage/The Conference Board: https://info.conference-board.org/kW06r0x10PK00BWZbS0Og0ZBe safe and please reach out if you have any questions,Jared