Just remember that the builder's risk policy will usually end upon completion, in which case you lose coverage and will need to get a more permanent policy in place.

While I obviously have basic coverage on all 3 properties, I am concerned that if something happens - I may be at risk personally.

Rate offered was 4.625%The first quote was $3,300 in lender closing costs detail below.Processing /Admin $592Underwriting $350GA fee $10Appraisal $470Tax service $66Lenders coverage $220Title services fee $500Owners Coverage $645Recording $86State transfer tax $360None of the above includes interest or funding escrow accounts.  

My insurance agent suggested it would be better to move the property back to my name and get coverage for higher amount. 

I'm on BiggerPockets to learn from people that have already taken part in these types of transactions (and whatever hiccups were involved), and will supplement that information with my own experiences as I move forward.  

@Morry Eghbal Just to clarify, the great criteria coverage is not mine but from Mike H who shared it on a previous thread.

So, if you were to buy someone's property below market value, that could leave them vulnerable in the future if they don't have adequate coverage or income and end up needing Medicaid or another low income program and then can't get in because they sold off assets.

Some insurance carriers will look at the claims history and may request verification repairs have been adequately made prior to offering coverage and as you are apparently finding out, some will even choose to rate you for the history of the previous owner. 

-Property and casualty Insurance for the property itself insures you for things like fire and storm damage (this doesn't really have anything to do with getting sued, but is obviously important)-Maximize your liability coverage on your homeowners policy (liability coverage insures you against wrongful death, injury, or scarring of someone on your property).

Most E&O Policies do not provide coverage for an agent selling their own investment property, and your property must be owner occupied to be covered.