Insights and tips on how to protect your property, giving you and your guests peace of mind.
Whether you're using it as a true vacation home or opening it up to others, your new dwelling comes with a circus of unique situations. From escaping harsh winters as a snowbird to hosting summer weekenders, it’s crucial to ensure you’ve got the right coverage to enjoy your investment.
It can be easy to assume that most travelers staying at your vacation rental property will be exceptional guests. They’ll abide by your house rules, not disturb the neighbors and hopefully, won’t leave a trail of damage behind. However, you may be setting yourself up for issues in the future by thinking this way.
Unfortunately, losses alleging landlord negligence are not uncommon and can be quite costly, according to Advisen loss data. Read on to learn which types of landlord losses are most common and how to avoid them.