Rate will vary from one company to another, and by size, cost to rebuild and type of coverage, etc. which I why I say it can be 500-750.

I'm thinking that this coverage is not available to flippers and it is just a risk we have to take.  

Once we get moved in, we're going to have someone come out and help us with a comprehensive redesign.Going to go through all of the options in replies, from checking with our Realtor, to Houzz, to recommendations.

I feel like there should be a more comprehensive way to do it.

@Zen FanBasic / standard coverage doesn't but extensive coverage does. the latter costs more. 

Lenders in CRE take multiple things into consideration, including LTV, debt coverage ratio, your experience as an investor, your personal income, your net assets.  

@Eric Schleif - As you surmised, didn't want to go that high on the leverage, since i wanted to keep a nice safe debt coverage ratio.  

Yes, the insurance costs doubled and that wasn't even for the best coverage available.

I have a property that has a Debt to Coverage Ratio of 2.04 and event then I had to come up with 20%. 

I know some would say that it is the servicer's responsiblity to carry liability coverage, but that will certainly not prevent a suit from being filed against my LLC.I have some questions and would appreciate your feedback:What type of insurance do you carry to help mitigate these risks and who is your insurer?