Insights and tips on how to protect your property, giving you and your guests peace of mind.
When it comes to maintaining or upgrading your property, hiring contractors is often unavoidable. However, the decision to hire an uninsured contractor could put your entire business at risk. From liability issues to financial losses, the consequences can be severe and far-reaching.
Whether you're using it as a true vacation home or opening it up to others, your new dwelling comes with a circus of unique situations. From escaping harsh winters as a snowbird to hosting summer weekenders, it’s crucial to ensure you’ve got the right coverage to enjoy your investment.
Discover why vacation rental properties often face insurance challenges, and get proactive steps to increase your chances of securing adequate coverage.
April showers can bring May flowers, but frost can occur. As the busy season kicks into high gear, don’t let a little frost set your short-term rental business back. Follow these tips to get your business (and flowers) to bloom and thrive!
Don't let the cost of vacation rental insurance surprise you! Many factors within your control can impact your insurance premium — from where your property is located to your claims history. These five hidden factors can directly affect how much it costs to insure your vacation rental.
When properties are left vacant (completely empty) or unoccupied (all possessions are within the property and the property is still available to rent), especially for long periods, the risk of fire-related incidents increases.
While the hard insurance market is expected to continue in 2024, property owners may be able to optimize their investments, maintain optimal coverage and limit relative price increases by understanding the influencing factors resonating from months and years past along with the trends and patterns expected to impact future conditions.
Nearly two of every three homes in America are underinsured, meaning the property is protected to an extent but doesn’t have sufficient limits or coverage features to cover the full expense of a potential claim. What’s worse, the average underinsurance amount is over 20%, with some being underinsured by as much as 60%.