All Forum Posts by: Troy Anthony

Where I am in Texas, my broker advised me that as long as the lease is a 30 day minimum, it is considered long term tenant insurance. I think in California, it's a STR insurance program, so it's a bit of a state specific question!

@Troy Anthony

Hi Troy, Mid-term rentals can usually be covered under a policy that allows both short-term and mid-term uses. In most cases, this falls under a commercial policy that’s specifically designed for those types of rental situations. Standard preferred risk carriers typically won’t insure short- or mid-term rental properties, but we do have a couple of solid markets that can cover you properly.

I’d be happy to walk you through the options and make sure you’re set up with the right coverage.

 I listed it with AleSolutions and Alacrity Solutions. The family that was placed into the home is still there and taking great care of the property.

@Stuart Udis Thank you for sharing this! I think I'll hold off on any courses and just learn more from doing and the BP community. Luckily the family in my rental is paying $9000/mo (3x my mortgage) so I am gaining signifigant wiggle room for mistakes. Their lease is 6 month term with a same rate month to month however, their insurance states the rebuild of their home and fire investigation efforts are going to take 12-18 months.