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.
Discover why vacation rental properties often face insurance challenges, and get proactive steps to increase your chances of securing adequate coverage.
Nearly two of every three homes in America are underinsured, meaning the property is protected to an extent but doesn’t have sufficient limits or coverage features to cover the full expense of a potential claim. What’s worse, the average underinsurance amount is over 20%, with some being underinsured by as much as 60%.
It's easy to get caught up in the "bigger things" when cleaning your vacation rental property, but don't forget to check these overlooked spots for hidden grime, dirt and dust.
Each dwelling tells a different story and can potentially hide dangerous elements. Assessing your property’s exposures and taking the appropriate precautions can go a long way toward protecting your business.
To help navigate which online courses, books, podcasts and YouTube channels are most beneficial to your business’s particular needs, we compiled a list of resources you can explore to expand your knowledge.
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.
Owning a vacation rental business is extremely rewarding, however, it’s still a business and susceptible to taxes. We’re diving in deep about what vacation rental owners need to know about paying taxes in the U.S. and the deductions they may be eligible for.
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 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.