If you’re renting your home or vacation property to guests, your standard homeowners policy may not offer comprehensive protection. In fact, most traditional homeowners insurance excludes short-term rental activity — leaving a major coverage gap that could jeopardize business continuity and put your income at risk.
Why Your Homeowners Policy Doesn’t Cover Rentals
Homeowners insurance is designed for owner-occupied properties, not for business use. When you start renting your home on Airbnb, VRBO, or another platform, your property is now being used for commercial purposes. That change in use can void coverage for things like:
- Guest-caused damage to your property
- Injuries that occur during a guest’s stay
- Lost income if your property becomes uninhabitable
If something goes wrong while guests are staying in your home, your homeowners insurance likely won’t pay.
Why You Need Dedicated Vacation Rental Insurance
A vacation rental insurance policy is specifically designed for short-term rental operations. It combines the property, liability, and income protection you need to confidently rent your space. With CBIZ Vacation Rental Insurance, you get coverage for:
- Property and liability risks unique to short-term rentals
- Lost rental income due to covered damages
- Peace of mind that your investment is protected year-round
Protect Your Income & Your Guests’ Experience
Don’t wait until a claim is denied to discover your coverage gap. A homeowners policy may protect your home, but CBIZ Vacation Rental Insurance protects your business.
Explore exceptional insurance for exceptional hosts.
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.