Skip to content
Insurance

User Stats

121
Posts
121
Votes
Jim S.
  • Rental Property Investor
  • San Francisco
121
Votes |
121
Posts

Renting by the room - Insurance?

Jim S.
  • Rental Property Investor
  • San Francisco
Posted Oct 16 2017, 12:48

I'm in the process of purchasing a 5bd/2ba in Denver as a primary residence. As an individual I obviously don't need all 5 beds so I'm planning to rent out 4 of them to other young professionals in Denver.

Does anyone have experience with the insurance requirements for this? I know that a typical homeowners policy won't cover liability, etc. for this scenario so I'm curious whether people ended up buying. 

It looks like the two main avenues are an add-on to existing homeowners policies or getting a separate landlord policy.

Would love to hear from some people that have rented by the room

Loading replies...