Ward, Hayden

New Property Insurance for Your Rental and More

Rental Insurance

Finding the correct insurance to cover your business and properties, is challenging enough. Not all policies are created equal and there are an overwhelming amount of options. It can be frustrating trying to make a decision on what your business or properties actually need.

On behalf of the CBIZ Property Insurance team, we are excited to share that we have expanded our insurance solutions to include more than just short-term rental properties. If you own property that is used as a vacation rental, a short-term or long-term rental, a secondary home or is vacant, we can help. We work with A.M. Best Rated A+ carriers to offer a broad portfolio of property insurance coverages to fit your needs. Our goal is to provide you with peace of mind and top-of-the-line protection for your properties.

Property Insurance Solutions

Short-Term Rental: Protection for a property that is rented in less than 6-month increments and have multiple renters throughout the year. Also known as Vacation Rental, Airbnb or executive housing.

Long-Term Rental: Insurance protection for any residential listing where tenants live for 6 months or longer. Also known as Landlord or Dwelling coverage.

  • Protection for multiple properties or properties with one to four units.
  • Protects the owner’s property and covered belongings. Your tenants’ personal possessions are not covered under your policy.
  • Dwelling insurance included. Covers the structure itself, but not the contents or land.

Vacant Property: A specially-designed program for vacant residential properties. This policy is for properties that are not being rented out at the moment, between tenants for a longer period, or slight cosmetic updates are being made.

Second Home: Insurance for an additional home that you are in and out of, but do not rent out. Not a primary residence.

Coverage Highlights

  • Available nationwide
  • A++ (Superior) Financial Strength Rating from A.M. Best
  • Ability to cover high-valued properties
  • Properties with one to four units are accepted
  • All properties types can be combined in one policy
  • Variety of ownership types welcome: Corporations, Estates, Individuals, LLCs, etc.
  • Property, General Liability (up to $1 million) and contents covered on one policy
  • Loss of rent/business income available

 

Protection for What You Own

Providing excellent protection for your short-term rental home is what we did best. Now we are expanding our coverage to not only cover your business but your long-term rental, secondary home or vacant property. Regardless of the occupancy stage of your property, we have an insurance solution for you. Begin a quote or reach out to one of our experts today to learn more.

This blog may contain scenarios that are provided as examples only. Coverage is subject to the terms, conditions and exclusions of the policy issued. The information provided is general in nature and may be affected by changes in law or the interpretation of such laws. The reader is advised to contact a professional prior to taking any action based upon this information.

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About Us

CBIZ Vacation Rental Insurance, a division of CBIZ Insurance Services,Inc., is the largest insurer of short-term vacation rental properties in the United States. As part of an $850 million New York Stock Exchange traded company (CBZ), we are the first broker to develop specific policy coverage to meet the needs for vacation rental properties and the amenities offered by these businesses. We have insured vacation rental properties since 2002.

The CBIZ Vacation Rental Insurance team knows insurance, specifically the risks and exposures related to short-term vacation rentals.We won't confuse you with technical "insurance speak" ~ our representatives are well versed in explaining your coverage in plain English. With hands-on, personal customer service, we guarantee swift communication and a 24/7 claims team that is ready to respond to your call any time of the day. As specialist in the industry, we leverage our knowledge and passion to ensure you and your business are adequately protected.