If you're just starting out, and you're able to get conventional financing, I would get an umbrella policy for additional coverage and be less concerned about the LLC. 

Age of the building, what systems have been updated, fire protection for that town/neighborhood, claim history of the property, etc. can all influence what is the best price/coverage mix for your property.  

It's not too expensive and adds some additional liability coverage!

I have a lender offering me a DCR loan at 6.99% on a 40 year fixed rate.  This is to do a cash out refinance on a single family home in Hilliard, OH (A very nice community in which to live and own real estate).  Is th...

@James Spevak best option is a cash out refi under an LLC with a debt coverage ratio loan.

This policy will cover the existing structure in addition to coverage to the improvements you are making to the building. 

Is there anything out there thats more comprehensive with pricing? 

“We don’t do much look at a borrowers ROI for rental property, we mostly are concerned with debt service coverage, which is how net cash flow you have compared to debt payments.

Establish a relationship with a DSCR lender (debt service coverage ratio), and get the approval ahead of time then start hunting deals.

Thanks  Definitely full replacement cost with at least 1 million liability and loss of rents coverage.