Few things can cause as much dread for a vacation rental property owner than the words “You’ve got bedbugs!” Taking preventive precautions can help you avoid having to deal with the aftermath of a bedbug infestation, but despite your best efforts, the nature of your business means you’re at risk. Having vacation rental insurance that offers protection for bedbug clean-up and removal can provide added peace of mind, limiting your out-of-pocket losses if you are the unlucky host to more than just the guests who rent out your property.
The Down-Low
Controlling bedbugs in vacation rental property starts with understanding that bedbugs can be present in any type of property, in any location. What’s more, they can live for up to a year without feeding. Unfortunately, that means you cannot assume your property is problem-free, even if it’s been vacant for the previous season.
How to Prevent an Infestation
Simple actions like buying protective mattress covers designed specifically to keep bedbugs off your mattresses, using metal luggage racks, providing enclosed, covered laundry hampers, washing linens in hot water at least once each week, vacuuming regularly, and caulking holes in your rental property’s floors and walls can all help prevent infestations and lower your risk.
What Bedbugs Can Cost You
According to HomeAdvisor, the national average cost of bedbug treatments is $1,750, with the cost reaching up to $5,000 in some cases. For vacation rental property owners, a bedbug infestation can also mean having to cancel previously arranged bookings and foregoing rental income while the property is being treated. If you Don’t have insurance protection designed to cover bedbug infestations, consider purchasing it. Without adequate insurance protection, you could face large out-of-pocket expenses.
Does Insurance Cover Bedbug Infestations?
Bedbug protection can be surprisingly affordable when you consider the cost of going without it. A CBIZ Vacation Rental Insurance Policy provides up to $25,000 of additional insurance coverage for bedbug clean-up, with no deductible. When requesting a free vacation rental insurance quote, be sure to ask our trusted insurance experts about this optional coverage that protects your home and business from bedbugs.
Don’t Let them Bite!
Make no mistake: bedbugs are nasty business. Fortunately, you can take preventive measures to limit your risk of an outbreak. One of those preventative measures is making sure that you have complete coverage that protects your vacation rental property should an infestation unfortunately occur. Request a quote today!
This blog may contain scenarios that are provided as examples only. Coverage is subject to the terms, conditions and exclusions of the policy issued. The information provided is general in nature and may be affected by changes in law or the interpretation of such laws. The reader is advised to contact a professional prior to taking any action based upon this information.