[LWJ]

[QUOTE]I think my real question is: if I claim the new property to be primary, will I have any issues with the current primary, which I've lived in for 28 years. The mortgage on the current primary is 6 years old and a 15yr loan./QUOTE]

Not at all. People house hop all the time. Buy a house with a primary mortgage. Do some fix up. Decide to rent it. Rent it. Buy another with an owner occupied mortgage.

This is a big loop hole.

It would be VERY hard for a mortgage company to say "Tidybuoy was intending to rent this out two years after buying."

As for the insurance question, this is my career. If you legitimately live at a location, you then it is your residence. You can have multiple residences.

When you ultimately rent it out, inform your agent who will flip a couple switches and make it a Landlord appropriate policy.