House Hacking and Insurance Coverage

[Cory Brown]

Is anyone concerned about house hacking techniques that could give you liability exposure with your insurance provider?

For example, with some policies short term rentals can get your coverage cancelled or worse, not in force if there is a claim. Another example would be renting additional parking spots... theoretically, it is possible the insurer could say they won’t cover you if you have a claim as you were commercially profiting while only covered by a residential policy.

So, how do you get around this or get the right insurance coverage with out blowing your cash flow?