Insights and tips on how to protect your property, giving you and your guests peace of mind.
Owning and operating a short-term rental property can be rewarding. However, owners have to manage numerous exposures related to lodging, and many offer amenities that can dramatically increase the number of risks. Assessing your exposures and taking the appropriate precautions can go a long way toward protecting your business.
The reality of renting out your home to guests is that vacation renters can, and often do, sue property owners and managers. When guests feel they’ve been harmed by the property owner’s or manager’s actions or negligence, they might find that their only recourse is to take a property owner to court. Those expenses can add up quickly. In addition, there’s the stress of wondering how you will pay a judgment if one is ordered. Without adequate coverage, your business and your personal assets could be at risk.
Short-term rental hosts are allowed to use various surveillance devices to protect their property as long as they are disclosed in the listings, including on Airbnb and VRBO and other vacation rental booking sites. Further, while not forbidden on the exterior of the property, they are prohibited in private spaces, such as bedrooms, bathrooms and other sleeping areas. Here are a few security measures you can take to protect your short-term rental.
Phishing attacks are constantly evolving in order to capitalize on our information. Phishing is the fraudulent practice of sending emails claiming to be from reputable companies to induce individuals to reveal personal information. As hackers get better and better at their game, it’s important to know how to spot a suspicious email to help your vacation rental business avoid a cyber breach.
The last thing you want your guests to be thinking about when they walk into your vacation rental property is their safety. You want your guests to know that they are protected and safe at all costs. As a short-term vacation rental property owner, you also want to do everything in your control to make their experience one to remember for the right reasons.
When starting a vacation rental business, there are many things you have to consider. Though it’s an exciting and profitable business, it constantly needs care and must operate like a traditional business. To help reduce the chance of headaches you may have when starting out, we’ve compiled our best tips for getting started on the right foot.
’Tis the season to be on the lookout for common holiday hazards at your vacation rental. No one wants to be on Santa’s naughty list when you can easily avoid these potential problems. The holidays can be overwhelming with so much to do and so little time, and it’s easy to overlook basic rental risks. Set aside a few minutes away from the hustle and bustle to prepare your property for hazards and remind your guests to take safety precautions seriously.
With Halloween around the corner, things can get a little spooky. Don’t let your property be a trick in a world of treats! Follow these simple do's and don'ts to make your vacation rental the (candy) apple of every guest's eye!
Owning a vacation rental property can be a rewarding source of extra revenue for you. However, if the property you rent out is geographically distant from your home, it can be almost impossible to ensure it is maintained to your standards or to handle emergency situations on the premises without a local property manager there to provide hands-on support.
Disinfecting your property can be a lot of work, especially when you are also running a business. Constantly washing linens, vacuuming, and sanitizing the fridge may be draining both physically and mentally. To help lighten your load, we at CBIZ Vacation Rental Insurance put together a list of helpful housekeeping tips for before guest arrival, during their stay, and after they depart.