While there are some strategies you can utilize to tap into your retirement accounts prior to retirement, you must plan for it very carefully.

It's not a big deal though, as an umbrella insurance policy probably gives you more protection than a simple LLC (any lawyers can chime in here and tell me I'm wrong).  

He recently shopped my policies and did lower my overall premium.

Hey Eric,  I would suggest getting a quote to add the rental as a second location on your existing home insurance policy (be sure to disclose that this home is a rented dwelling).   

But More importantly, they will often not search for and miss “nonrecorded” liens that a thorough title search would reveal....and these will be exempt from your title insurance policy under section B Exceptions.

Add as an additional insured on your policy B. make them get their own policy with you as add'l insured and your lender listed as primary lien holder, your note in 2nd placeC. keep your policy and make them get their ownThe lender is where insurance gets tricky on wraps.

Even if it was, it would be 10x's the cost of what the mortgage company would charge for the 15 days.The mortgage company's insurance policy incurred the risk of covering your property while you were uninsured. 

The question I have is, I have an umbrella policy through my main insurance company, is there any issue with having the rentals using a different company? 

Now keep in mind these prices were going up by nearly $50k per month or more for the last 12 months prior, so we got to come out and say that the market is exhausted after running super fast, the buyer does not want to over pay any more.

If the policy offers it, have them look at the cost for "Loss Assessment".