Let’s say: A married couple own a building in Brooklyn NY with one tenant. This building is their primary residence. The homeowners insurance policy is a Multi-peril Special Form policy. They create a revocable living trust. They are the Trustees of the newly created trust. They transfer the deed of the building to the trust. How should the insurance be updated after the property deed has been moved to the trust? Would the policy stay in the name of the individuals and the trust be added as an additional insured? Or, would the policy be put in the name of the trust and would the individual be named as additional insured? If it is the latter, how would the update affect their comprehensive personally liability coverage?