When does rental property need habitational vs landlord insurance?
Quick answer:
The typical threshold is four or more units. A landlord dwelling policy works for single-family homes and smaller duplexes or triplexes.
The typical threshold is four or more units. A landlord dwelling policy works for single-family homes and smaller duplexes or triplexes. Once a property has four or more units — apartment buildings, assisted living, student housing — most standard market carriers require a habitational commercial program. Underwriting factors including building age, construction type, and occupancy type all become relevant at the commercial level.
