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Updated over 5 years ago on . Most recent reply

Chuck Wiggins's profile image
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Chuck Wiggins
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  • from Boston, Massachusetts
  • Member since May 4, 2016
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Chuck Wiggins
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  • from Boston, Massachusetts
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Chuck Wiggins
  • Investor
  • Boston, MA
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General Landlording & Rental Properties

Rental Default Insurance

Chuck Wiggins
  • Investor
  • Boston, MA
Posted

As a small landlord, had some issues in the past with renters defaulting. Is this a pain point for others as well? Getting some data points, as I am exploring the possibility of starting my own insurance company to provide "Default Insurance" - landlord is covered for 6 months if the tenant defaults.

Any feedback? Thanks.

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Jassem A.
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Jassem A.
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Jassem A.
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Jassem A.
  • Investor
  • Pennsylvania
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I've never heard of that but it would probably be simpler to just self-insure by doing better screening or collecting more money in advance from the tenant.

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