Remember, your insurance agent isn’t just someone who sells you a policy.

Use your rental's homeowner's insurance plus a liability policy to get $1M in protection.

Fully insuring you properties and adding a umbrella liability policy will probably cover you 99% of the time8.

The cost of title insurance is dependent on (1) the state the property is located in (2) the amount being insured (3) whether insurance was recently purchased from the same insurer, (4) the exclusions in the policy.  

Local Regulations: How do local landlord-tenant laws, rent control policies, or other regulations affect investment profitability?

Any suggestions for what coverages need to go into the property insurance policy? 

This situation is risky, but you can mitigate it by requiring a higher deposit or paying them several months in advance.My policy is that they must show at least three months of employment.

What they do is offer a policy to the underwriter of the title insurance company.Is this the best route, or should I hire an attorney to get a quiet title? 

People could be paying into these wildly expensive policies and then never get any of the necessary funds once a disaster does hit. 

So what stste law allows them to charge the fee, is there any way to use state law to change city policy?