Does renters insurance cover something like this?  

And be sure your insurance costs won't be insane.Finally, if you're near Asheville at times we have two BP meetups per month here.

I got it into contract and then had a huge plumbing failure during the home inspection.

I also like to use incidental insurance as an additional layer such as Waivo to cover items.

However, if it’s not necessary for liability protection, you might avoid the headache altogether and just beef up your umbrella insurance policy.What’s your take on this now?

DOS or more commonly known as Event of default.Alienation of title is an event of default in most all debt instruments not usually located in the Note its in the mortgage  deed of trust etc.And along with other Events of Default  IE non payment of Insurance or tax's or waste these all give the lender the right to Accelerate the note but not the obligation..

Deductible expenses include a proportional share of mortgage interest, property taxes, insurance, utilities, and repairs.

I believe solid insurance and a good umbrella policy will suffice.

class action is what you see on TV  unless there is insurance money to go after you guys are going to have to pay a LARGE retainer to engage an attorney.. and if your deposits are only 40k or so Suing is a waste of time and money for any litigation that small

I am 22 Y/O with no bills aside from my car note/car insurance and my EZ pass tolls.