You should look into getting vacant property or builders risk coverage when rehabbing; the vacant period allowed under a landlord policy is there to give you a chance to do the quick make ready and find a new tenant. 

I have a long-term rental property in Baton Rouge and need to find new coverage since my current insurer isn't writing in the state anymore.

I know a few private lenders who would consider lending on that, as long as the loan coverage is below 70% on the portfolio.

I had full coverage so my insurance could have battled with the other insurer but it was not worth it to them. 

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

Lastly, when comparing, make sure the coverage is the same (ie.

I have no expertise regarding Houston insurance pricing; however, you might look into ACV coverage (actual cash value) versus full replacement cost. 

Just make sure you get the coverage.

@Scott Mclaren  Flood insurance is a set rate - I'm in a 500 year floodplain in the southwest suburbs of Houston and $250,000 of coverage plus I think $100,000 for contents (the max offered) is $450.

For example, a light documentation program would require less debt-to-coverage ratio, but the rates would be higher (7-10 right now).