Insights and tips on how to protect your property, giving you and your guests peace of mind.
Discover why vacation rental properties often face insurance challenges, and get proactive steps to increase your chances of securing adequate coverage.
Don't let the cost of vacation rental insurance surprise you! Many factors within your control can impact your insurance premium — from where your property is located to your claims history. These five hidden factors can directly affect how much it costs to insure your vacation rental.
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.
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.