Insights and tips on how to protect your property, giving you and your guests peace of mind.
Imagine booking a guest with manners and characteristics of a gigantic-furred yeti. It’s exactly what claims professionals fear most. The abominable snowman creature aimlessly wanders about with no clear objective and little consideration for the care of your property.
Nothing says fall like the sight of leaves on the ground, open windows throughout the property and the sweet smell of pumpkin spice! It’s a good time to prepare and deep clean your property for the cooler months. Don’t let the idea of cleaning for the season overwhelm you. Small actions now can help ensure everything goes smoothly for you and your renters.
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.
Even if you’re allowed to rent out your home or condo through Airbnb, doing so can cause tension with neighbors and the HOA. There’s always the potential that your guests may not be respectful to property in common areas, act inappropriately or noisily, or make other tenants feel uncomfortable.
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.
As a rental property owner, it’s crucial to take the time to routinely address potential safety risks on your property. After all, even seemingly minor household issues—such as stray cords, dust buildup or leaky faucets—can spiral into significant problems if left unnoticed. By conducting an annual safety audit, you can help keep your property safe and secure—reducing the risk of guest injuries, lawsuits, property damage and costly insurance claims.
Living a sustainable lifestyle minimizes the negative impact you have on the natural world by contributing to reduced waste, conserved energy and lowered carbon dioxide emissions. Abiding by green principles is not only good for the planet—it can also help you stay healthy and save money.
2021 was a record year for the travel and hospitality industry. At the start of the pandemic, many vacation rental owners were left wondering when things would shift to a period of normalcy.
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!