Insights and tips on how to protect your property, giving you and your guests peace of mind.
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%.
When outside temperatures begin to drop, one of the costliest consequences is the increased energy it takes to maintain a comfortable home temperature. There are several methods to decrease your vacation rental’s utility costs while still ensuring the warmth and comfort of your guests.
January is National Radon Action Month, reminding us of the importance of checking our properties for this silent threat. Consider the following information and guidance to help combat this often undetected danger.
Don't let safety concerns dampen your holiday spirit and turn into risk-mas. From security systems to smoke alarms, here are 12 days of safety measures for every vacation rental property.
With winter in full swing and global warming in mind, temperatures will fluctuate throughout the season, causing snowmelt. The accumulating water from melting snow and ice can lead to clogged gutters, saturated foundation material and damaged drainpipes.
As the seasons change, business fluctuates, causing uncertainty to fill the air. Winter can be a time when reservations are low, and your to-do list is long. These dry spells can leave your place as empty as a ghost town.
It's easy to get caught up in the "bigger things" when cleaning your vacation rental property, but don't forget to check these overlooked spots for hidden grime, dirt and dust.
Each dwelling tells a different story and can potentially hide dangerous elements. Assessing your property’s exposures and taking the appropriate precautions can go a long way toward protecting your business.
While most users on sites such as Airbnb and Vrbo are genuine people looking for a rental, there are still thieves and con artists with hopes of stealing. As hackers become increasingly sophisticated, short-term rental businesses need to stay ahead of the game and ensure their safety online and in real life.
SALES & SERVICE:
855.945.5221 | VACATIONRENTALPROGRAM@CBIZ.COM
700 W. 47TH ST, STE 1100 | KANSAS CITY, MO 64112
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.
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