Can You Deduct Home Insurance Premiums On Your Taxes? 
If the home insurance premium is for a house that you own and operate exclusively as a rental , the answer would generally be yes . If you are talking about deducting home insurance premiums which cover fire , comprehensive and title insurance for your residence it would generally be no . However , if you use a portion of your home for business , there might be a way for a portion of your home insurance premium to be deducted from your taxes . There are a lot of `` what-ifs '' surrounding this issue so this is a question for your tax advisor . 