Hello,

My mother-in-law moved out of her primary residence and I am helping her rent it out. We need to switch from homeowner's insurance to landlord insurance. A couple questions:

1) She acquired this property through a conventional 20% down primary residence loan back in 2016. Could this switch in insurance (or more generally speaking, the switch from primary residence to rental property) affect the terms of her loan? We definitely don't want to be refinancing right now!

2) Is there anything more experienced readers would recommend to make sure you have included in your policy? Anything you wish you knew about insurance when you were starting out?

Thank you in advance!