If that is the case, you have duplicate coverage.  

This insurance policy typically provides coverage for the structure of the rental property, as well as liability coverage for any injuries or damages that may occur on the property.

(in Detroit this is more substantial)If so, do you think the minimum coverage could qualify you?

If your insurance coverage isn't enough, they could seize the LLC assets, but not your personal assets.Additional thoughts:1.

So, there really aren't any debt coverage ratios here to meet since payment is only contingent on profits and profits to that partner loan are only assessed after income is realized for the conventional debt servicing.

Find one that will allow you to "stack" your liability coverage. 

This is the meaning of Debt Service Coverage--how many times over the rent roll "covers" the debt service--your mortgage payment).

If they have a great broker, they will shop the market year over year to ensure the best cash flow and coverage.  

Its sort of unclear just when this will all take effect, especially at a local level, but sometime in 2020, all California Single Family Home Zoning (and some MultiFamily Zoning) will allow a Detached ADU (no FAR / lot coverage / min lot size restrictions) as well as an additional Junior ADU (within existing home square footage)Furthermore, Owner-Occupancy requirements will be prohibited until 2025!

Agree with Nathan; based on reading and Biggerpockets videos LLC does not make sense as umbrella insurance policy can get you that 1M in coverage you need without creating the paperwork and tax filing headaches.