Insights and tips on how to protect your property, giving you and your guests peace of mind.
As we approach the second half of 2023 and are in the thick of peak season, we’ve already experienced some exciting industry wins. With no COVID travel restrictions, revenge travel taking off and even more short-term rentals entering the market, the next 6 months are predicted to be full of success.
Insurance buyers are facing the hardest property insurance market in a generation, with historic inflation and natural disaster losses causing significant pressure.
Vacation rentals present a unique opportunity to create a more personalized, memorable vacation experience when compared with traditional hotels. Vacation rentals have the practical comfort of an actual residence, the ability to explore the neighborhood and the opportunity to discover aspects of the destination guests might not encounter when staying at a hotel.
It may be that time of year to renew your vacation rental policy or simply assess your current insurance situation. Even in the off-season, having a strong, comprehensive policy is key to keeping your business safe from the unforeseen.
When undertaking a remodeling project, people often get caught up in the creative aspect and forget to review their insurance needs. Whether your budget is large or small, you’re adding not only value but also risk. To ensure your fixer-upper project goes smoothly and you have the coverage you need, here’s what you need to know.
Many people are distressed when they file a vacation rental insurance claim given that these claims typically follow a devastating event such as a home fire, disastrous weather or a guest injury. To help you file a claim with ease, we’ve compiled some useful information to make the best of this trying experience.
Few things can cause as much dread for a vacation rental property owner than the words “You’ve got bed bugs!” Taking preventive measures can help you avoid the aftermath of a bed bug infestation, but despite your best efforts, the nature of your business means you’re at risk.
No matter what safety precautions you have in place or how well you maintain your short-term rental property, a vacationer could become injured or claim that your negligence caused damage to their property at any time. If you are named as the responsible party in such a suit, you need to defend yourself against the charges – even if you believe that your actions (or inactions) did not contribute to the renter’s injuries.
When investing, finding a property that will have the greatest return on investment (ROI) is crucial. Short-term rentals have become increasingly popular over the past few years. On the other hand, long-term rentals provide more stability. As a result, determining the correct insurance policy to protect them can be challenging. Which type of insurance do you need for your property? Keep reading to find out!
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. 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.
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.
WHAT IS VACATION RENTAL INSURANCE? WHY DO I NEED VACATION RENTAL INSURANCE?WHY WORK WITH CBIZ?CONTACT US