Insurance for a House Hack

[Tyler Holzer]

Hi everyone! I’m gearing up to close on my first duplex next week, which I will be house hacking! Living in one unit and renting out the other to tenants. I need to finalize my insurance before close, but I’m unclear on what kind of coverage I should get since it’s half rental property and half owner occupied. Even my insurance broker is a little confused. He did stress that we should require the tenants get their own personal liability and personal property insurance, but I wanted to see what BP thought.

Does anyone have any experience with this, or know how I should go about insuring the property? 

Bonus Question: Do you require your tenants to get their own renter insurance policy? What are the pros and cons of this?