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Updated over 8 years ago on . Most recent reply

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9
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Lindy McConnell
  • Military
  • Dover, OH
2
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9
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House Hacking Insurance

Lindy McConnell
  • Military
  • Dover, OH
Posted
Hello everyone, just a quick question about insurance while house hacking. For my first property, I intend to live in one side and rent out the others. So for the insurance, should I go for a homeowners policy or a renters policy? Thanks! Lindy

Most Popular Reply

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16,434
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Ned Carey
  • Investor
  • Baltimore, MD
12,725
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16,434
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Ned Carey
  • Investor
  • Baltimore, MD
ModeratorReplied

My guess is that a homeowners policy is cheaper. Even though it is apparently a multi unit it probably qualifies, if it is 4 or less because you are there on site to minimize the risk. 

  • Ned Carey
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