Do you have landlord insurance or just normal property insurance?

[Ted Sullivan]

If I want to rent out my property do I need to switch to a specific landlord insurance policy? What do you do? I saw its 25% more expensive so was curious if everyone here does it or if there is away around it. Are there any specific insurers I should use like geico or statefarm or do they not offer? If they dont offer it, why not? 

[Bill B.]

You switch to landlord policy. It is almost always cheaper anyway as it protects no personal items inside. That’s why your tenants should have renters insurance. If there’s a fire or flood they will lose everything. 

If you have a homeowners policy you basically have zero insurance if the property is a rental.