Quote:
Originally Posted by dad911
I suspect a homeowner policy will not cover damage on a landlord/tenancy. Insurance companies always looking for a way out. Mtg co will know when the owner/tenant policy is submitted. I'd be more concerned with coverage on a catastrophic claim, than saving a few percent bucks on financing.
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I will keep that in mind. My policy is currently a policy that is for Airbnb. At renewal, I may switch to owner occupied+Airbnb, but I will discuss with my insurance broker. I'm hoping to save more than "a few bucks" as my mortgage is $3500/month. Dropping just 2% would drop that to $2500