My girlfriend and I are in our late 40’s and we both own our own homes. She has moved in with me and we now rent out her home for additional income. She still has the homeowners policy in place that she’s always had on the home and I’m concerned it’s not adequate or not the type of policy she needs to protect her now that she no longer lives in that home.
We live in North Carolina. Any advice? I’ve been telling her she needs to talk to her agent but she’s not done that yet. I figure she just doesn’t want to deal with it but it’s a big worry to me.
Do she need some other type of policy now? Will it cost more or less than her current homeowners policy? What do we need to tell her agent about the current status of the home if anything?
I’m really not sure what all type of questions I need to be asking here really. Anything you can tell me will be a big help and please be as detailed and specific as possible.
Thanks so much!!