Short Answer
Usually, no. In many cases the trust should be listed as an additional interest, but the right answer depends on how the home is titled and the carrier’s requirements.
Kevin’s Perspective
I’ve seen this question come up more and more over the last decade. Trusts are becoming common, but not every insurance company handles them the same way. The biggest mistake is assuming every trust should automatically be an additional insured. That’s not always true.
Things I’d Check
- Who owns the property?
- Revocable or irrevocable?
- Does the carrier have trust wording?
- Is there a mortgage?
- Are there multiple trustees?
Bottom Line
This is a five-minute conversation that can prevent a coverage problem later.