Recommendations for Home Owners Insurance for Rental Property

Recommendations for Home Owners Insurance for Rental Property

Member since 2023 · 1 post · 0 votes

HI,

For all the real estate investors out there, can you please recommend a company to use for home owner's insurance? I recently purchased a duplex and its rented out on both sides. I would be grateful to hear your suggestions.

Thank you for your time,

Vanessa

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  • Investor · Richmond, VA · Member since 2023 · 459 posts · 474 votes
    2y

    If you or one of your parents are a veteran then go with USAA, that's who we use.

    You will need a landlord policy, not home owners policy. The premium for a LL policy is typically lower since it doesn't cover personal property.

    Always require tenants to show proof of renters insurance, this protects you as well.

  • Owen RosenBusiness Member
    Professional · Clinton Township, MI · Member since 2015 · 682 posts · 259 votes
    2y

    I would strongly recommend using a broker that can shop multiple options for you

    Royal Oath Insurance Group4.9203 Reviews
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