How do you evaluate if a property is ideal for flipping or if you should keep it as a rental?

Quote from @Carl Rowles: When you insure a SFH rental property, do you try to adjust and of the coverage amounts?

Quote from @Franklin Marquette: For those of you that require your tenants to have renter's insurance, how much liability insurance do you require of the tenant?

Regarding insurance adding additional umbrella insurance is great idea. 

It's not an insurance company/carrier. 

SIGNED STATEMENT OF INSURED AS REQUIRED BY SECTION 3905.33 OF THE OHIOREVISED CODEThe named insured ___________, acknowledges that the insurance policy (other than life insurance) as described above is to be placed with an insurance company not authorized to do business in Ohio.The insured understands that the insurance company is not a member of the Ohio Insurance Guaranty Association and that Chapter 3955. of the Ohio Revised Code is not applicable to claimants or insureds of said insurance company.

I imagined that to mean that a 1920 home with no renovations would cost more to insure than one updated to 2024 specifications.Is this something that is just "known" to flippers/renovators and I am just coming across it?

.: Hi there, my STR in the Hudson Valley, NY is currently insured with Proper.

Moves risk to be financially covered by insurance hypothetically.

Do you have any projections for what will happen with the insurance market for this year, or is it even possible to project?