A standard homeowners’ policy will not provide coverage for a short-term rental! This is because a short-term vacation rental is considered a business, even if the owner stays in it themselves.
Proof of Commercial Liability is a common requirement for owners to obtain a permit. Premise liability, and personal liability do not suffice, so owners are looking for commercial coverage that can replace their homeowner’s or DP dwelling policy.
A standard homeowners’ policy will not provide coverage for a short-term rental! This is because a short-term vacation rental is considered a business, even if the owner stays in it themselves.
A short-term rental is considered as business activity exclusion so if an accident or injury was to occur on the property then the standard homeowners’ policy can deny the claim.
A standard homeowners’ policy will not provide coverage for a short-term rental! This is because a short-term vacation rental is considered a business, even if the owner stays in it themselves.
A short-term rental is considered as business activity exclusion so if an accident or injury was to occur on the property then the standard homeowners’ policy can deny the claim.
What if a guest was injured while staying at your client’s rental property? What if your client’s house guest destroyed or causes damages to their property?
Do you have clients in need of a specialty insurance product for their short-term rental properties, Airbnb, VRBO or traditional vacation rentals?
We understand there are many cases where direct bill is the right choice for you and your clients. Let Proper work with banks, escrows, and EPI’s. This allows you to do more selling! After some simple paperwork, you can get appointed and get a quote the same day. We also have custom marketing material, an online quoting platform, and online binding procedure!
Proof of Commercial Liability is a common requirement for owners to obtain a permit. Premise liability, and personal liability do not suffice, so owners are looking for commercial coverage that can replace their homeowner’s or DP dwelling policy.