Updated almost 10 years ago on .
Insurance for a rental
We acquired a vacation home. We purchased this as a second home with a residential mortgage. Now, however, we have decided to rent this home as a BNB, nightly (it is permitted.) I believe that we should get commercial insurance. We have put the home into an LLC. My concern is that if I switch insurance, my lender will recognize this as a commercial property and call the loan. Does anyone have any insight or experience with this issue, and any tips on which insurance to choose for large groups of bachelorette parties, families, and random drunks in Wine Country? Thanks in advance!