A good umbrella insurance policy can sometimes accomplish the same goals.

Many who own in their own name purchase an umbrella policy to protect against liability. 

An owner/broker would have to be missing a few screws to consider allowing an agent to run a property management business under their umbrella. 

I would suggest a million dollars for the liability coverage, that the owner of the home pays for, and another million in umbrella insurance that you pay for. 

Their proper use is incredibly complicated, and it would be nearly impossible for me to properly explain it, let alone specifically to your need.Also, talk to your insurance agent about umbrella liability policies and options.

Real estate is not finance, but real estate falls under the finance umbrella.

But the effects of the ocean breeze combined with possibly too many of those drinks with umbrellas make my eyes tired and heavy, so I must put the books aside to rest up for the next book.

You can increase the liability coverage on your regular homeowners insurance and also get a supplemental 'umbrella' policy, with can increase the liability limits further.

I guess it all falls back to the golden rule of maximizing your umbrella liability policy as your primary safety net.

For those of you that have opted to not carry full insurance, have you opted for renters coverage (theft, injury) or umbrella policy only (liability).