Is homeowner’s insurance tax deductible?

Homeowners insurance is not tax-deductible.

However, a portion of your homeowners insurance may be deductible in certain circumstances if you rent out part of your home. For example if you are on Airbnb, VBRO, or another platform.

There are also a range of tax-deductible mortgage and homeowner-related expenses such as mortgage interest, property tax, and private mortgage insurance. Learn more about the tax deductions available to homeowners in the more resources section below.

Discuss your options with a Better Cover insurance expert

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