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Updated about 4 years ago,

User Stats

2
Posts
2
Votes
Marty Micek
  • New to Real Estate
  • Portland, OR
2
Votes |
2
Posts

Insurance for SFH House Hacking?

Marty Micek
  • New to Real Estate
  • Portland, OR
Posted

Hello BP,

Currently closing on my first SFH in Portland, OR! The house can fit up to 6 tenants (5 tenants + me for the house hack). While shopping for insurance through various brokers and agents, most are telling me that the max "boarders" they allow is 2-3 per house. I do plan on enforcing renters insurance for all tenants. What are my options to insure the home? Should I be up-front and tell insurers the amount of tenants or not? Is there a specific endorsement for this strategy?

Thanks, Marty 

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