Hi! Does homeowners policy coverage damage cause while tenants reside in my home?

  • by rebecca
  • Oct 11,2017
  • 8 answers

Hi! Does homeowners policy coverage damage cause while tenants reside in my home?


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Insurance Answers (8)

Evan H last month

Worst case scenario your looking at this. They will review your policy, and if its determined that is not the policy you should have they will probably replace it with the one you should have had. You might owe some back premium but they will still honor the claim. I cannot see any reason why they wont cover you

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Skoda John 2 months ago

Very likely
You are required to tell your insurance about having tennants in the property.
You then need landlord coverage.

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Eva 2 months ago

Very likely it would be denied since you weren't living in the home. You need a rental policy.

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Casey Y 2 months ago

If you have a tenant in there, that would be a violation of your Homeowners policy. You need a different type of policy for properties rented out, with a higher premium associated with the increased exposure (you cannot sue yourself as the homeowner...but your tenants can when they rent your property).
They will deny this claim. Time to call your agent to discuss a policy.

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StephenWeinstein 2 months ago

Homeowner's insurance only covers the home where the owner lives. It does not cover rental property. You will be denied, because you don't have any coverage.

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Betty 2 months ago

Check the policy. Do they realize this is a rental?

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babyboomer1001 2 months ago

Yes.

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Ricki 2 months ago

You did tell your insurance company that you are renting out the house? If so, no problems.

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