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Are home hazard insurance premiums tax deductible?

Home Insurance Forum

Apr. 11, 2007

Question:
Are home hazard insurance premiums tax deductible?

Maureen, California

Answer:
Dear Marie,

Home hazard insurance premiums are tax deductible only if you are a landlord and purchase the insurance for a property you are renting to a tenant.

If you are a homeowner and you purchase the insurance for your home, the premiums are not tax deductible.

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