Realtor · Walnut Creek, CA · Member since 2017 · 39 posts · 18 votes
Hey BP family,
I'm currently house hacking my home in Walnut Creek, CA and have standard insurance that doesn't cover liability in the event that something happens to my tenants. I live in the attached ADU while a couple rents the other part of the dwelling. My Hippo insurance agent has stated that I can only cover their property but not themselves in the event that an event occurs. They do have renters insurance as I have required them to do so in the lease. Does anyone have suggestions on what insurance I should obtain to protect myself and if there are any additional measures I should take? I appreciate it!!
I am a fan of a good umbrella policy. Dummy proof and provides protection for pretty much everything. In addition, if you get sued you can bet the insurance company will provide legal representation seeing that they are on the hook for the damages. It provides me a lot of confidence. We get threats to be sued too often that I do not want to be bothered worrying about any of them. I do not worry and have yet to really be sued (but my current issue is with a 2-bit lawyer, the odds of being sued may be a little higher than the usual threats we receive).