DO YOU CHANGE YOUR HOMEOWNERS INSURANCE WHEN RENTING

DO YOU CHANGE YOUR HOMEOWNERS INSURANCE WHEN RENTING

Member since 2022 · 1 post · 0 votes

Hello, was looking for some guidance. When renting out a townhome in Florida, do you alert your homeowners insurance / make changes to the policy? 

0Reply
20 views

2 Replies

Jump to latestLatest
  • Real Estate Consultant · Seattle, WA · Member since 2022 · 1k+ posts · 784 votes
    4y

    Yes. You’ll need a landlord policy vs homeowners 

  • Nathan GesnerBusiness Member
    Moderator
    Real Estate Broker · Cody, WY · Member since 2010 · 28k+ posts · 41k+ votes
    4y
    Quote from @Crista Soukeras:

    Hello, was looking for some guidance. When renting out a townhome in Florida, do you alert your homeowners insurance / make changes to the policy? 


     Sergey is correct. There is a difference between a private policy and a Landlord policy. Make sure you update yours to maintain coverage.

    The DIY Landlord Book4.7248 Reviews
Join the conversationCreate a free account to reply, vote on answers and follow this thread.