Short term rental insurance is very similar to long term rental insurance in terms of the coverage items you will want to have.

Does Dad have coverage? 

Their policy includes a Waiver of Subrogation in your favorYou also need to discuss with an Agent familiar with Day Care coverage what types of coverage you need to require as part of the lease:- General Liability- Professional Liability- Abuse & Molestation coverage- Workers Compensationare some that your attorney & agent may recommend

Your time is money and calling 5 companies is a waste of that "money" when you can have someone else do it for you and bring the option that will provide the most coverage for the most cash flow, to you. 

Along with some new quotes, I'd like advice on what we can do away with to get our policy cost down without putting my partner or myself at personal risk.Here's some info on the property:- Purchased in December, 2021- Single Tenant NNN Lease- Current liability coverage is $2mm (capped at $1mm per incident) with a $10,000 deductible that also covers myself and my business partner- Property coverage is $5mm with a $25,000 deductible- Our policy shows that we have replacement cost coverage on the building, although the stated amount is $1.39mm.

They are one of the few big insurance companies that have what is called "home share coverage".  

An umbrella doesn't offer coverage that isn't already covered under your "baseline" policies.

You can use your existing personal account or establish another for rental payments.Discuss your intent to rent space in your home with your insurance provider so that you have the appropriate coverage. 

If they have a comprehensive plan look at that as well.  

Kristel,Do not sign on with a Roofer until you have proof they have general liability and Workers Comp coverage.