How Much Does It Cost?
Many factors affect the cost of a vacation rental insurance policy. As specialty insurance, it may be more expensive than a standard homeowners insurance policy, but that’s like comparing apples to oranges. Vacation rental insurance is coverage designed specifically to protect property owners from both the liability and property risks that can come with renting their vacation homes.
A few additional things that can affect the cost of your vacation rental insurance include:
- Amenities like pools, kayaks, hot tubs, etc.
- If you offer any activities with your vacation rental (ATV rides, anyone?)
- If you need to make any immediate repairs after a safety inspection
- …and more
Cost shouldn’t be the sole factor you consider when purchasing vacation rental insurance. Getting the correct coverage that protects you and your property, however, should be.
Protect Your Investment with Vacation Rental Insurance
Renting your home as a vacation rental is exciting for many reasons, raking in the cash not being least among them. But once the bookings start filling up and you start making money off your short-term rental, your risks increase and your insurance coverage requirements change.
Protect yourself, your vacation rental business and your peace of mind with coverage that leaves nothing to chance.