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11
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4
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Morgan Shupe
  • Rental Property Investor
  • Colorado Springs, CO
4
Votes |
11
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First House Hack! Insurance Recs?

Morgan Shupe
  • Rental Property Investor
  • Colorado Springs, CO
Posted

My husband and I are under contract for our first house hack and our closing date is April 15th. It feels like all of the deadlines are coming up quickly!

That being said, I was wondering if anyone has a recommendation for an insurance agent or broker? Looking for someone that will provide the necessary coverage for our duplex at a reasonable price.

Any other tips/recommendations for a first time house hacker are welcome(:

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671
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259
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Owen Rosen
  • Professional
  • Clinton Township, MI
259
Votes |
671
Posts
Owen Rosen
  • Professional
  • Clinton Township, MI
Replied

If you're living in one of the units you're likely able to insure the property on a standard homeowners policy with some added endorsements.  Work with an independent agent that can talk through your options, shop the market, and let them quote your auto insurance as a bundle along with the property.

  • Owen Rosen
business profile image
Royal Oath Insurance Group
4.9 stars
201 Reviews

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2,175
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1,210
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John Mocker#1 Insurance Contributor
  • Insurance Agent
  • Norwalk, CT
1,210
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2,175
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John Mocker#1 Insurance Contributor
  • Insurance Agent
  • Norwalk, CT
Replied

Morgan,

When you are getting the Homeowners quotes, have them also quote a Personal Umbrella policy to give added Liability coverage since you will have a renter in the house.  

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