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Updated about 1 year ago,

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4
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1
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Ajay Gopinath
1
Votes |
4
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Type of Insurance for rent-by-the-room strategy?

Ajay Gopinath
Posted

Hi,

Does anyone doing medium-term rentals by-the-room (SFH rented out to individuals in separate rooms living under same shared roof, individuals rotate over ~6+ months) have insurance recommendations?

Seems insurers are unlikely to insure this kind of set up but curious to understand your experience insuring a similar home. 

Would regular landlord policies with an addendum cover this? 

How would you get some kind of specialty coverage for this? Would it be similar to insuring a STR (rotating tenants)?

Thanks!