The point is you have to have a policy that holds true across all tenants and all situations. 

Quote from @Renee Ward: In a quote for an umbrella policy, when I see it in writing it is labeled a personal umbrella policy with our primary home cars etc. 

Do you think your insurance policy will cover you on any liability when they find out you are not running a legal operation?

However, government officials, pandering to populist sentiment, hold landlords to standards and responsibilities far more restrictive than any other business.  

Make sure you get the right property insurance policy. 

The focus of government policy (regardless of how local) should be on addressing fundamental friction.

Make sure you know your exact insurance costs with a specific STR policy that has general liability as well.

My last response was two years ago and my policy has changed since then.

Again, these fees are charged and paid to the lender to complete and fund the mortgage.Third partyclosing costs include title company fees - including the actual title policy, escrow or closing fee, tax certification, and other title fees; governmental charges – including recording charges, intangible, and transfer taxes (depending on your state).

Hard work cannot be replaced with laws, policies and handouts.