Insights and tips on how to protect your property, giving you and your guests peace of mind.
Although you may not be able to reduce the risk of wildfires occurring in your area, there are measures you can take to reduce the risk of your vacation rental property being lost to a wildfire. While no property is fireproof, the goal is not to allow your home to be a fuel source for spreading the fire. Here are some things to consider as you scan your property for potential fire risks.
Summertime is synonymous with enjoying the great outdoors, and a time when short-term property owners open their homes as the ultimate retreat for guests. Whether your property has a fire pit, grill, or pool, summer fun requires remembering that safety comes first. Allow your guests to grill and chill with ease all while protecting your property with these summer safety tips:
Summer is in full swing, making it the perfect time to take advantage of the extra hours of daylight. Consider “enrolling” in short-term rental summer school and learning all you can to increase bookings, marketing your vacation rental, and managing your business in the most efficient way. To help navigate which online courses, websites, and podcasts are most beneficial to your business’ particular needs, we compiled a list of 12 resources you can explore to expand your knowledge.
If you’re feeling stressed and anxious during these uncertain times, you’re not alone. Experiencing stress or anxiety over the health and economic fears brought on by COVID-19 is very normal, especially for vacation rental owners whose businesses have been highly affected. Not taking steps to cope with these feelings can put you at risk for long-term health effects.
As the travel industry begins to re-introduce itself into the “new normal,” stringent cleaning measures will not only be vital to the health and safety of vacation rental guests, it will also be a key factor in your property’s success. A fundamental component is ensuring guests trust that the short-term rental has been properly disinfected and cleaned.
In part one of our series, Business Survival Plan: Guide to Finance, we focused on how to be financially secure during a crisis. Part two is about contingency planning to help your prepare for unexpected events and minimize their impact. In this article, we’ll explore how to create your own contingency plans, how to be proactive on decreasing the impact of risks, and why these are essential to the vacation rental industry.
The Coronavirus has had a significant impact on the travel and hospitality industries, leaving vacation rental property owners with unexpected financial loss. And with many headlines reporting that we are heading into a recession, short-term property owners are undoubtedly concerned for the future. While the total impact of the shutdown of short-term rentals businesses is yet to be seen, success will hinge on the financial planning you do now and when things return to a new normal.
Coronavirus has become an unescapable weight halting the travel and hospitality industry. It has had a devastating toll not only on short-term rental property owners but also the communities they serve. Additionally, Congress enacted the CARES (Coronavirus Aid, Relief, and Economic Security) Act of 2020 to provide much needed relief for small business owners, including those in the travel industry.
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855.945.5221 | VACATIONRENTALPROGRAM@CBIZ.COM
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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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