It doesn't get any simpler than an umbrella policy and no LLC.

They paid out in 5 days.Plus I have a great STR policy and umbrella to cover anything else and I have the guests post a $500 damage deposit.

If I were to do a quit claim deed, could I transfer those properties into an llc and remove the residential home owners insurance and maybe get like landlord insurance or umbrella insurance.

I have heard whispers of utilizing a corporate umbrella, or a private REIT, and will begin researching the subjects further.Any advice would be greatly appreciated!

Your not going to rebuild them if your self insuring cost far to much to replace than what the true value is.. ( this is true in most of the US were values for existing homes are sub 100k) So for us we were paying say 50 a month for insurance X 350 or 17.500 a month.. we could replace the homes for 50k no problem ( as we buy direct and wholesale) so if we cut the insurance down to just liability the idea was we could just insure under our big umbrella policy..

A $1 million umbrella costs a few hundred bucks. 

Definitely get liability insurance and if it makes sense umbrella insurance for added protection. 

Well after talking to a couple REI that i know and they said they don't have their homes in a LLC and they just carry a Million dollar Umbrella policy.

But I would say consider talking to your insurance agent first about an umbrella or rider...having properties in an LLC doesn't really release you from liability...at least not how most folks think it does.  

We are carrying an umbrella insurance policy though.