by jessicarossinsurance » Tue Oct 17, 2017 06:48 am
Hi,
I'm in the process of purchasing a 5bd/2ba in Denver as a primary residence. As an individual I obviously don't need all 5 beds so I'm planning to rent out 4 of them to other young professionals in Denver.
Does anyone have experience with the insurance requirements for this? I know that a typical homeowners policy won't cover liability, etc. for this scenario so I'm curious whether people ended up buying.
Please help.
Thanks!
I didn't find the right solution from the Internet.
References:https://www.biggerpockets.com/forums/95/topics/499179-renting-by-the-room-insurance
creative video animation
I'm in the process of purchasing a 5bd/2ba in Denver as a primary residence. As an individual I obviously don't need all 5 beds so I'm planning to rent out 4 of them to other young professionals in Denver.
Does anyone have experience with the insurance requirements for this? I know that a typical homeowners policy won't cover liability, etc. for this scenario so I'm curious whether people ended up buying.
Please help.
Thanks!
I didn't find the right solution from the Internet.
References:https://www.biggerpockets.com/forums/95/topics/499179-renting-by-the-room-insurance
creative video animation
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