Renting out your house can indeed have an impact on your homeowners insurance. Here are a few key points to consider:
1. Change in occupancy: When you rent out your house, it changes from being your primary residence to a rental property. This change in occupancy can affect your insurance coverage.
2. Policy adjustments: You may need to make adjustments to your homeowners insurance policy to ensure you have the appropriate coverage for a rental property. This may include adding landlord or rental dwelling coverage.
3. Liability coverage: As a landlord, you may want to consider increasing your liability coverage to protect yourself in case of any accidents or injuries that occur on the rental property.
4. Loss of use coverage: If your rental property becomes uninhabitable due to a covered loss, loss of use coverage can help cover the additional living expenses for your tenants.
5. Additional endorsements: Depending on your specific situation, you may need additional endorsements or riders to your policy to cover specific risks associated with renting out your house.
It's important to contact your insurance provider to discuss your specific situation and ensure you have the appropriate coverage in place. They can provide guidance on any policy adjustments or additional coverages you may need.