Househacking and property insurance

[Bruce P.]

Hi,

For house hacking in southern California (with potentially 3 other roommates), how much liability coverage does the home owner need? Are there any other types of insurance or additional items the homeowner should add to their property insurance to deal with having roommates?

After some basic research, I found http://rentingoutrooms.com/how-roommates-in-your-house-affect-your-homeowners-insurance/. It looks like I need to tell roommates to get their own renters insurance if they want their belongings covered in case of an emergency, check with the insurance company regarding premiums and/or if roommates are allowed, and the roommates should sign a lease.