When you joke to your friends that you see a psychiatrist because you have a short-term rental complex, only you know how true that really is. Some renters are so destructive, it can drive you insane! Call Proper Insurance (888-631-6680)!
Many homeowners jump onto Airbnb because it's a great platform for sustained residual income - if you know what you are doing. But too often they neglect to protect themselves and their properties - and end up paying the price.
Proper Insurance provides Airbnb, Vrbo, and short-term rental property coverage backed by Lloyds of London - commercial liability policies that are purchased in addition to homeowner's coverage and that are geared specifically for the property owner who houses temporary, paying guests. If that's you, listen up!
Check them out at https://www.proper.insure
The agency, which enjoys an A+ rating on Standard & Poor’s, offers vacation rental owners like you comprehensive coverage that includes business income, liquor liability, and things that might not typically cross your mind, like bed bugs. A standard homeowner’s policy is insufficient and may in some cases provide no coverage at all: many property owners are refused coverage on their claims outright, especially if they had not disclosed their short-term rental business. Similarly, landlord policies carry a “business activity” exclusion.
The United States alone has nearly 700,000 listings, the most of any country worldwide. In many cases, guests will share the same living space as the homeowner and use their private facilities and equipment. While Airbnb has its own damage policy, compensation options are very limited and will not typically cover the homeowner against financial costs incurred due to guest damage. Incidental damage from Airbnb guests now accounts for a sizable portion of properties’ long-term operating expenditures - but short-term rental insurance can increase a property's profitability.
The Proper Insurance policy covers vacation homes, townhouses, condos, duplexes, cabins, cottages, and apartments - offering liability protection for amenities you might include with your rental - like bikes, boats, and golf carts. With expert vacation rental underwriters, Proper Insurance can tailor a policy specific to any short-term rental property - a property that is rented for less than 30 days at a time.
The Proper Insurance policy is a business policy - and as such it meets the requirements of community regulations and ordinances now in place across the U.S. - from Austin to New Orleans, Nashville to Chicago. These communities mandate business licenses and $1 million in commercial liability coverage. Proper’s Lloyds of London Insurance policy fulfills these standards while imposing no limit on damage caused by the guest or on theft and vandalism.
One customer commented: “Ashley Haley and Proper Insurance have made my life so much easier with excellent customer service, incredible rates, and coverage that fits every need of each rental property I own. This company, and this amazing agent, set the bar for vacation rental insurance. No one compares.”
In the end, it's all about peace of mind. No more nightmares of guests burning down the house!
Go to https://www.proper.insure/airbnb-insuranceand and protect yourself, today.
