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Updated over 5 years ago on . Most recent reply

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Fred Foster
  • Arizona
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Beginner landlord insurance question

Fred Foster
  • Arizona
Posted

I’m moving soon and planning to keep and rent out my current home. Should I keep the home owner’s insurance that I have for the property or change it to something different.

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Nam Trang
  • Investor
  • Seattle, WA
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Nam Trang
  • Investor
  • Seattle, WA
Replied

@Fred Foster You need to tell your insurance company that you're renting out the property so that they can convert the coverage form correctly. The good news is that this should save you some money since rental coverage for you is generally cheaper than homeowners.

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