Changing insurance policy affects mortgage?

[David Rutledge]

Hi Everyone,

I have a question I was hoping some members could shed some light on for me. I own a few rentals that I purchased with investment loans that I will soon be converting into short term rentals. When I do this I will be updating my insurance coverage to ensure I increase my liability coverage.

Will this cause a red flag or be an issue in any way with my lenders when they see the insurance is changed and therefore they I am now using my rental as a short term rental?

Thanks in advance.

David