Needed recommendations for insurance policies that will cover a rental property with Section 8 tenants. I have one on contract and approaching closing. Most quotes I am looking at seem to say they will not be able insure. I'm unsure of why that is. It seems challenging to find some that actually will.
Insurance Agent · Beaver Falls, PA · Member since 2016 · 126 posts · 84 votes
5y
Hey Elizabeth - there are a lot of knowledgeable insurance agents on BP. If you let us know the State the property is in, we may be able to make some suggestions.
Rental Property Investor · Saint Louis, MO · Member since 2018 · 228 posts · 279 votes
5y
@Elizabeth Njuguna, it shouldn't be difficult to insure a rental property, and how the tenants pay the rent (through subsidies or not) shouldn't matter at all.
I use Shelter Insurance for all of my rentals. I've heard good things about State Farm as well.