answersLogoWhite

0

Yes, but only for the dwelling, not for your renter's belongings. be sure to notify your insurance company that you have renters, your rate will go down because they're not insuring your belongings...and be sure to tell your renters about renters insurance.

User Avatar

Wiki User

15y ago

What else can I help you with?

Related Questions

Does homeowners insurance cover a renter?

No. That's what renters insurance is for.


Does homeowners insurance cover renter's property if you rent the house?

No. They must purchase their own renter's insurance. The homeowners policy for a rental only covers the physical property.


Does homeowner's insurance cover damage done by renters?

Homeowners insurance No. But a landlords Dwelling Policy yes.


Does an owners liability insurance cover damages to contents of renters property if the homeowner is negligent?

No, a homeowners insurance policy does not provide coverage for the property of a tenant. That's what "Renters Insurance" is for.If the renter chose not to purchase a renter insurance policy, Then the renter was negligent to the extent that the renter chose not to purchase a renter insurance policy, perhaps with the mistaken belief that the owners policy would cover them.


What does cheap home insurance cover?

Homeowners insurance covers many things for a homeowner and varies from coverage to coverage. It covers personal liability, damage to one's dwelling and the contents inside the dwelling.


Are rental homes protected under homeowners insurance policies?

No. In the united States, Homeowners Insurance polices are Null and Void at the moment your home is rented unless you have had the policy endorsed for rental property coverage. This is often referred to as "Landlords Insurance" and requires a different policy form known a "Dwelling Policy". Most Insurers will simply cancel the old Homeowners policy and issue a new "Dwelling Policy" form to cover you as this is the appropriate policy form. Your landlord's insurance policy, or "Dwelling Policy" will cover your rented home. It is certainly possible to have property and liability insurance on a rented property but not on a traditional homeowners Insurance policy form.


Does renters insurance cover damage to others property?

No. "Renters Insurance" is property coverge for a tenant. It will cover the property of the named insured Tenant or Renter that is located within the rented dwelling. It will not cover property of someone who is not a named insured on the policy.


Does homeowners insurance cover foreclosure?

No. Homeowners Insurance does not cover the owners default on a mortgage note.


Does a homeowner have to have homeowners insurance before they can rent their home out?

No, it's not required, but it's really, really important unless you have the funds in the bank for someone to sue you if they fall or if someone leaves an unattended candle lit. Renters insurance carried by just the renter will only cover the renter's belongings, it will not cover your home.


What is covered by homeowners insurance if you are renting the house?

The dwelling Owners policy does not cover the property or liability of a tenant. Rental dwellings are covered under a Dwelling Policy that covers rental properties not a homeowners policy. If the tenant seeks coverage, the tenant must buy his own Renters Insurance Policy.


Do renters insurance cover broken windows?

In general, no. Renter's insurance covers the property of the renter, not the property of the landlord.


Does homeowners insurance cover your child damaging the neighbors vehicle?

No, Your homeowners insurance does not cover vehicle damage. That's what auto insurance is for.

Trending Questions
What ground clearance does the 2008 GMC Sierra-1500 have? How many liters are in a 330 horsepower engine? What all do insurance pay for when hit from behind? Just what exactly is auto insurance? How should I handle my insurance deductible cost after a hit and run when I took down the license plate number and I was not at fault Do I have to wait for insurance to go after costs or can I sue? The majority of drivers involved in collisions are people who have? Why should you race the engine when raising the load? If you give a family member who has their own insurance policy permission to drive your car and they get into an accident which policy covers the accident? What does the yellow diamond shaped sign with a picture of a black truck going down hill mean? Why would the top on your piston chip off? What happens if a person does not accept insurance claim and files a lawsuit.? What kind of oil do use for a 2007 dodge durango 8 cylinder? How many qt of oil does a 2014 Chevy captiva 2.4l motor hold? What takes the place of the choke in the fuel injection system? What does RPM in a car mean? What is the name of the person that builds cars? What happens if two people get into an accident and one driver has a suspended license and the other driver has no auto insurance and the accident was caused by the person with no insurance? Does the motor fall out of all your cars if it is hit head on? Your central air unit is set on auto but stays on constantly? What time does the congestion charge end at?