Rent-by-the-Room Insurance
Renting out bedrooms separately — co-living, rooming houses, student housing by the room — needs coverage most standard landlord policies won't write. NREIG built a program for it: premises liability up to $1M per occurrence ($2M total) with medical expenses included, plus $60K in tenant liability per location for fire, explosion, and smoke damage (a $500 deductible applies). You can add contents and loss-of-rents coverage if you want them. It's built for single-family properties only, and it isn't available if you live on the property.
What NREIG’s Program Covers
- Who it’s for Co-living and rooming-house rentals where each bedroom is leased separately.
- Premises liability $1,000,000 per occurrence / $2,000,000 aggregate, including medical expenses.
- Tenant liability $60,000 per location for fire, explosion, and smoke damage, subject to a $500 deductible.
- Optional add-ons Contents coverage and loss-of-rents coverage are both available.
- Eligible properties Single-family properties only.
- Not eligible Properties where the owner lives on site.
- Where it’s available This program isn't offered everywhere. It's not available in California, Colorado, Connecticut, Indiana, Louisiana, New York, or Oklahoma, or in Seattle, Detroit, Houston, Chicago, Miami, or Philadelphia — plus a handful of counties in Texas and Maryland. NREIG confirms exact eligibility for your property when you request a proposal.
Guides for rent-by-the-room and co-living coverage are coming soon.