Does Home Insurance Cover Tenants?

1. 

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   David Osgood

   Agent, Rural Mutual Insurance Co., Union Grove, WI

   To properly be protected, your tenants should have renters insurance. In most cases your homeowners policy will not provide any coverage for your tenants personal property. Another concern for both you and  your tenants should be liability coverage. If your tenants are not carrying renters insurance. You may find yourself financially responsible for an accident within their apartment. Remember every policy is different. Please read your policy completely to know what coverage you have and what exclusions there may be or call your local agent to have them go over the policy with you.

   Answered on May 14, 2013

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   Joey Anderson

   Owner, Anderson Insurance Services, LLC., Centerville, OH

   The simple answer is no.  A homeowners policy is designed to protect the owner of which in most instances is also the resident.  However, there are Dwelling policies designed for homes that protect the home owner while minimizing their personal property coverage.  From there the tenant is recommended to obtain Renters Insurance to protect their personal belongings (from theft, fire, etc.) as well as coverage for personal liability exposure. 

   Answered on May 15, 2013

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   Wendi Kratzer

   Agency Principal, Wendi D Kratzer Agency Inc,

   Some Homeowner's policies do offer endorsements for tenents that live in the home such as roomates. Too make sure that you are covered properly, you want to contact your agent. Not all Homeowner's policies are the same and each state has it's own rules which is why you need to contact your agent in your state to be sure.   

   Answered on May 15, 2013

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