You could ask them to get a $500k umbrella policy with you as the covered insured...they will not want to do that and will probably drop it.  

Review RESPA, COMAR, and your E&O policy. 

How does this HB change your policy of renting to felons?

The lender is requiring that I have an insurance policy with rent loss coverage.

Think of these documents as your insurance policy if you can't self-insure and I think it will go a long way to giving you a good idea about when they're needed practically.  

@Ashley PitreYou do not actually have to wait 2 years to sell, but since it will most likely be that long before you can get a clear title policy, you will be very restricted to what buyers will be interested. 

My current mortgage policy states that I can't count the equity of my current property in order to finance a new property.

My company bought a property where we 'assumed' a lien and negotiated a payoff based on <30 cash payment at discount... all done via closing attorney prior to closing, with good (no exceptions) title policy underwritten by reputable company .This was in 2006... we still own the place.

The tenants are used to someone knocking on the door asking for rent but I've already sent letters to all of them explaining our policy which is direct deposit at any Bank of America or I offer online bill pay. 

I need to purchase a Builder Risk Policy under a LLC but all the agents I have talked to can only insure under my own name and add the LLC as add'l policy holder.