Insights and tips on how to protect your Vacation Rental Property, giving you and your guests peace of mind.
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.
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.
Although you may not be able to reduce the risk of wildfires occurring in your area, there are measures you can take to reduce the risk of your vacation rental property being lost to a wildfire. While no property is fireproof, the goal is not to allow your home to be a fuel source for spreading the fire. Here are some things to consider as you scan your property for potential fire risks.
In part one of our series, Business Survival Plan: Guide to Finance, we focused on how to be financially secure during a crisis. Part two is about contingency planning to help your prepare for unexpected events and minimize their impact. In this article, we’ll explore how to create your own contingency plans, how to be proactive on decreasing the impact of risks, and why these are essential to the vacation rental industry.
As a small business, you may be trying to determine the right business framework for you — likely either a sole proprietorship or limited liability company (LLC). For many owners, minimizing risk is top of mind, and an LLC is a way to gain added protection in addition to vacation rental insurance.
The Coronavirus has had a significant impact on the travel and hospitality industries, leaving vacation rental property owners with unexpected financial loss. And with many headlines reporting that we are heading into a recession, short-term property owners are undoubtedly concerned for the future. While the total impact of the shutdown of short-term rentals businesses is yet to be seen, success will hinge on the financial planning you do now and when things return to a new normal.
SALES:888.883.5696 | VACATIONRENTALSALES@CBIZ.COM 865 TECHNOLOGY BLVD, #A | BOZEMAN, MT 59715SERVICE:855.945.5221|VACATIONRENTALPROGRAM@CBIZ.COM700 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?I'M AN AGENT OR PROPERTY MANAGER WANT A FREE COVERAGE COMPARISON?CONTACT US